Credit: Shutterstock photoIn a welcome move, Vector ( VGR ) saw its Relative Strength Rating improve from 70 to 74 on Thursday.
[ibd-display-video id=2102289 width=50 float=left autostart=true] IBD's proprietary rating identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.
History reveals that the best stocks tend to have an RS Rating of over 80 as they launch their largest climbs. See if Vector can continue to rebound and hit that benchmark.
See How IBD Helps You Make More Money In Stocks
Vector is still within a buying range after breaking past a 22.23 entry in a consolidation . Once a stock moves 5% or higher beyond the original entry, it's considered out of buy range.
The company reported -11% earnings growth in the latest quarterly report, while sales growth came in at 6%.
The company holds the No. 5 rank among its peers in the Tobacco industry group. British American Tobacco ( BTI ) is the No. 1-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.
