The Relative Strength (RS) Rating for Aptiv entered a higher percentile Wednesday, as it got a lift from 63 to 76.
When To Sell Stocks To Lock In Profits And Minimize Losses
This proprietary rating tracks market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the last 52 weeks compares to the rest of the market.
Over 100 years of market history shows that the stocks that go on to make the biggest gains often have an 80 or higher RS Rating as they begin their largest price moves. See if Aptiv can continue to rebound and clear that threshold.
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 offer and clear an appropriate buy point.
Earnings growth moved up in the company's most recent report from 25% to 46%, but revenue fell from 0% to -2%. Look for the next report on or around Jul. 31.
Aptiv holds the No. 6 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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