When building your watch list, focus on stocks with an 80 or higher RS Rating. Amphenol Cl A just cleared that benchmark with an upgrade from 71 to 82.
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IBD's proprietary rating tracks price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks stacks up against all the other stocks in our database.
History shows that the stocks that go on to make the biggest gains tend to have an RS Rating north of 80 as they launch their biggest climbs.
Amphenol Cl A is trying to complete a cup without handle with a 79.39 entry. See if the stock can clear the breakout price in trade at least 40% higher than normal.
The relative strength line is currently in new high territory, a bullish sign of market leadership.
In terms of fundamentals, Amphenol Cl A has posted rising EPS growth over the last seven quarters. Revenue growth has also risen over the same time frame.
Amphenol Cl A holds the No. 1 rank among its peers in the Electronics-Parts industry group. Park Aerospace and TE Connectivity are also among the group's highest-rated stocks.
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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