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Sierra Clears Pattern, Surges To New High.(B)(NYSE STOCKS IN THE NEWS)
Byline: Jonah Keri
A few stocks highlighted in Stocks In The News recently have taken further steps forward, some breaking out of their bases.
Sierra Health Services cleared a four-week, irregular-shaped pattern Wednesday, hitting a new high on nearly triple its 50-day average. Note however that a proper base requires at least seven weeks to form.
The managed health care provider has posted year-over-year double-digit sales growth in five of the last six quarters. Quarterly profits have soared 50%-111% during that time.
The IBD Stock Checkup at investors.com gives Sierra an A+ diagnosis, including top spots for Overall, ...
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