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U.S. Concrete Gets RS Rating Upgrade

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The Relative Strength ( RS ) Rating for U.S. Concrete ( USCR ) jumped into a new percentile Monday, as it got a lift from 64 to 71.

[ibd-display-video id=2102289 width=50 float=left autostart=true] This proprietary rating tracks technical performance by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.

Decades of market research shows that the best stocks typically have an RS Rating of at least 80 in the early stages of their moves. See if U.S. Concrete can continue to rebound and clear that threshold.

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U.S. Concrete is working on a consolidation with an 83.95 buy point . See if it can break out in volume at least 40% above average.

The company posted -17% EPS growth in the latest quarterly report, while sales growth came in at 8%.

The company earns the No. 4 rank among its peers in the Building-Cement/Concrete/Aggregates industry group. ( LOMA ) is the top-ranked stock 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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