On Thursday, AGCO received an upgrade to its Relative Strength (RS) Rating, from 78 to 81.
Hone Your Stock-Picking Skills By Focusing On These Factors
This exclusive rating from Investor's Business Daily measures price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the best stocks often have an 80 or better RS Rating as they begin their biggest climbs.
AGCO is within a buy zone after breaking past a 108.76 buy point in a flat base. Once a stock moves 5% or higher beyond the original entry, it's considered out of a proper buy zone.
AGCO posted negative growth for both sales and earnings last quarter. The company is expected to report its next quarterly numbers on or around Jul. 24.
The company earns the No. 5 rank among its peers in the Machinery-Farm industry group. Lindsay is the No. 1-ranked stock 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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