The Relative Strength (RS) Rating for Automatic Data moved into a higher percentile Friday, as it got a lift from 67 to 71.
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This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the trailing 52 weeks stacks up against all the other stocks in our database.
Decades of market research reveals that the market's biggest winners tend to have an 80 or higher RS Rating in the early stages of their moves. See if Automatic Data can continue to rebound and hit that benchmark.
While now is not an ideal time to buy shares, see if the stock manages to establish and enter a buying range in heavy volume.
The company reported 6% earnings growth in its most recent report, while sales growth came in at 6%.
The company earns the No. 7 rank among its peers in the Commercial Services-Outsourcing industry group. Red Violet, HealthEquity and Aramark 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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