Frontdoor had its Relative Strength (RS) Rating upgraded from 80 to 83 Friday.
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IBD's proprietary rating tracks share price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
Decades of market research shows that the best-performing stocks often have an 80 or higher RS Rating as they launch their biggest price moves.
Frontdoor is trying to complete a cup without handle with a 63.49 entry. See if it can clear the breakout price in volume at least 40% higher than normal.
Frontdoor saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 35% to 45%. Revenue rose from 4% to 13%.
The company holds the No. 2 rank among its peers in the Building-Maintenance & Services industry group. IES Holdings 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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