One important metric to look for in a stock is an 80 or higher Relative Strength Rating. CF Industries Holdings just hit that mark, with a jump from 80 to 83 Friday.
Hone Your Stock-Picking Skills By Focusing On These Factors
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks holds up against all the other stocks in our database.
History shows that the top-performing stocks typically have an 80 or higher RS Rating in the early stages of their moves.
CF Industries Holdings is working on a cup without handle with a 98.25 buy point. See if it can break out in volume at least 40% higher than normal.
Top and bottom line growth moved higher in the company's most recent quarter. Earnings were up 118%, compared to 14% in the prior report. Revenue increased from -3% to 13%.
CF Industries Holdings earns the No. 2 rank among its peers in the Chemicals-Agriculture industry group. CVR Partners is the top-ranked stock 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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