The chart of the day belongs to General finance Corporation (GFN). Since the Trend Spotter signaled a buy on 4/5 the stock gained 33.77%.
General Finance Corporation provides mobile storage, liquid containment and modular space solutions. General Finance Corporation is headquartered in Pasadena, California.
Barchart technical indicators:
100% technical buy signals
134.67+ Weighted Alpha
98.04% gain in the last year
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
13 new highs and up 32.81% in the last month
Relative Strength Index 79.66%
Technical support level at 9.28
Recently traded at 10.10 with a 50 day moving average of 7.95
Fundamental factors:
Market Cap $258 million
Revenue expected to grow 17.50% this year and another 4.70% next year
Earnings estimated to increase 76.00% this year, an additional 116.70% next year and continue to compound at an annual rate of 11.00% for the next 5 years
Wall Street analysts issued 2 strong buys and a hold recommendation on the stock
