When considering what names to put on your watch list, look for stocks with an 80 or higher RS Rating. Belden now meets that criteria, with an increase from 78 to 84 Thursday.
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This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database.
History reveals that the stocks that go on to make the biggest gains often have an 80 or better RS Rating as they begin their biggest price moves.
Belden is building a consolidation with a 131.82 entry. See if it can break out in volume at least 40% above average.
The company reported 29% EPS growth in its most recent report. Revenue gains came in at 17%. Keep an eye out for the company's next round of numbers on or around Jul. 31.
Belden holds the No. 1 rank among its peers in the Telecom-Cable/Satellite Equipment industry group. Frequency Electronics and Preformed Line Products 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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