On Thursday, Cummins received a positive adjustment to its Relative Strength (RS) Rating, from 67 to 72.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's unique rating measures share price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the best stocks often have an RS Rating of over 80 in the early stages of their moves. See if Cummins can continue to show renewed price strength and hit that benchmark.
Cummins is trying to complete a consolidation with a 387.90 buy point. See if the stock can break out in heavy volume.
The company posted 17% EPS growth last quarter. Sales increased -3%. The next quarterly results are expected on or around Aug. 5.
The company holds the No. 1 rank among its peers in the Trucks & Parts-Heavy Duty industry group. Oshkosh and China Yuchai Intl 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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