When considering what names to put on your watch list, focus on stocks with an 80 or higher RS Rating. AECOM now meets that criteria, with a jump from 73 to 81 Wednesday.
Risk Management In The Stock Market: How Much Money To Invest Now
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
History shows that the market's biggest winners often have an RS Rating of over 80 as they begin their biggest climbs.
Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock manages to establish and enter a buy zone in heavy volume.
Earnings growth slowed last quarter from 20% to 16%. But sales moved higher, from -4% to 1%.
The company earns the No. 9 rank among its peers in the Building-Heavy Construction industry group. Primoris Services, Construction Ptrs Cl A and Sterling Infrastructure 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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