On Friday, BWX Technologies earned an upgrade to its Relative Strength (RS) Rating, from 61 to 73.
When To Sell Stocks To Lock In Profits And Minimize Losses
This unique rating measures market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the last 52 weeks compares to other publicly traded companies.
Over 100 years of market history shows that the market's biggest winners often have an RS Rating of over 80 in the early stages of their moves. See if BWX Technologies can continue to show renewed price strength and hit that benchmark.
While BWX Technologies is not near an ideal entry right now, see if it manages to form and break out from a proper base.
Earnings grew 20% last quarter, up from -9% in the prior report. Revenue also increased, from 3% to 13%.
The company earns the No. 8 rank among its peers in the Electrical Power/Equipment industry group. Vertiv Holdings, Eaton Corp. PLC and AZZ 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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