On Wednesday, CF Industries Holdings earned a positive adjustment to its Relative Strength (RS) Rating, from 67 to 79.
How To Invest In Stocks In Both Bull And Bear Markets
This exclusive rating from Investor's Business Daily measures price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the trailing 52 weeks compares to all the other stocks in our database.
Over 100 years of market history reveals that the best stocks tend to have an RS Rating of over 80 in the early stages of their moves. See if CF Industries Holdings can continue to show renewed price strength and hit that benchmark.
CF Industries Holdings is building a cup without handle with a 98.25 buy point. See if the stock can clear the breakout price in volume at least 40% above average.
Top and bottom line growth moved higher last 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 No. 1-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.
RELATED:
IBD Stock Rating Upgrades: Rising Relative Strength
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
