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Earlier Lineup Featured Some Market Gainers.(THE IBD 100)(INSIDE THE IBD 100)
Byline: KEN HOOVER
The rally is more than four months old, and a number of stocks have made significant moves up. A look at The IBD 100 from August shows many of these winners on the list.
The investor who knew how to use the list could be holding some of these stocks for a nice profit right now. The rally was confirmed by a follow-through day Aug. 18. A follow-through is when one or more general market indexes rises at least 1.7% on volume greater than the previous day.
Wipro, one of several Indian companies that supply outsourced customer service, broke out of a base that very day.
It had an Earnings Per Share Rating of 97 and a Relative Strength Rating of 94. Since then, it's up 54%.
Leading the list the following Monday, Aug. 23, was Travelzoo, which had broken out of a short base on Aug. 16. It's more than tripled since then.
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