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Charles River Labs International Reaches 80-Plus Relative Strength Rating Benchmark

When considering what names to put on your watch list, look for stocks with an 80 or higher RS Rating. Charles River Labs International (CRL) just met that criteria with a new score of 82.




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When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.

IBD’s unique RS Rating measures technical performance by showing how a stock’s price movement over the last 52 weeks compares to that of other stocks on the major indexes.

Over 100 years of market history shows that the stocks that go on to make the biggest gains typically have an RS Rating north of 80 as they begin their biggest runs.


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Charles River Labs International is now considered extended and out of buy range after clearing a 303.89 buy point in a second-stage flat base. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week moving average.

Charles River Labs International reported 16% EPS growth in its most recent report, while sales growth came in at 21%.

Charles River Labs International holds the No. 11 rank among its peers in the Medical-Research Equipment/Services industry group. Avantor (AVTR) and Iqvia (IQV) are also among the group’s highest-rated stocks.

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