The Relative Strength (RS) Rating for Emerson Electric moved up into a new percentile Friday, as it got a lift from 70 to 74.
Can You Really Time The Stock Market?
IBD's proprietary rating identifies price performance with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the best stocks tend to have an RS Rating of at least 80 as they launch their largest runs. See if Emerson Electric can continue to rebound and hit that benchmark.
While now is not an ideal time to invest, see if the stock is able to establish and enter a buy zone in heavy trade.
Earnings-per-share growth dropped last quarter from 9% to 6%, but sales rose from 1% to 4%.
The company holds the No. 5 rank among its peers in the Diversified Operations industry group. TriMas 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.
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