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Taylor Morrison Home Sees IBD RS Rating Rise To 76

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The Relative Strength ( RS ) Rating for Taylor Morrison Home ( TMHC ) climbed into a higher percentile Wednesday, as it got a lift from 67 to 76.

[ibd-display-video id=2360792 width=50 float=left autostart=true] This exclusive rating from Investor's Business Daily tracks price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database.

History shows that the best-performing stocks typically have an 80 or better RS Rating in the early stages of their moves. See if Taylor Morrison Home can continue to show renewed price strength and hit that benchmark.

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Taylor Morrison Home is trading within a buying range after breaking past a 23.16 buy point in a cup with handle . The proper buying range is up to 5% above the initial entry. Once a stock moves above that range, it's best to hold off investing and wait for it to set up another buying opportunity..

The company showed -8% EPS growth last quarter. Revenue rose 6%.

The company holds the No. 15 rank among its peers in the Building-Residential/Commercial industry group. D.R. Horton ( DHI ), LGI Homes ( LGIH ) and KB Home ( KBH ) are among the top 5 highly rated stocks within the group.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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