Game Technology Clears Key Benchmark, Hitting 80-Plus RS Rating

Game Technology (IGT) had its Relative Strength (RS) Rating upgraded from 79 to 82 Wednesday.




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When you’re researching the best stocks to buy and watch, keep a close on eye on relative price strength.

IBD’s unique rating measures market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock’s price behavior over the last 52 weeks compares to all the other stocks in our database.

Over 100 years of market history reveals that the top-performing stocks tend to have an RS Rating north of 80 as they begin their biggest climbs.


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Game Technology has climbed more than 5% past a 12.89 entry in a first-stage cup without handle, meaning it’s now out of a proper buy zone. Look for the stock to offer a new buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.

Earnings growth slowed in the most recent quarter from 24% to -503%. But sales moved higher, from -25% to -15%.

The company holds the No. 12 rank among its peers in the Leisure-Gaming/Equipment industry group. Monarch Casino & Resort (MCRI) and Red Rock Resorts (RRR) are also among the group’s highest-rated stocks.

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