On Thursday, Adient received an upgrade to its Relative Strength (RS) Rating, from 88 to 91.
Here Are 3 Keys For Successful Stock Investing
This proprietary rating identifies market leadership by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
History reveals that the best-performing stocks typically have an RS Rating of over 80 at the beginning of a new run.
While now is not an ideal time to invest, see if the stock goes on to establish and enter a buying range in heavy trade.
Top and bottom line growth moved higher in the company's most recent quarter. Earnings were up 28%, compared to -13% in the prior report. Revenue increased from -5% to -4%. Look for the next report on or around Jul. 31.
The company earns the No. 11 rank among its peers in the Auto/Truck-Original Equipment industry group. Hesai Group ADR, Strattec Security and Autoliv are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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