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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

GXO Logistics Clears Key Benchmark, Hitting 80-Plus RS Rating

GXO Logistics saw a welcome improvement to its Relative Strength (RS) Rating on Monday, rising from 77 to 82.

Looking For The Best Stocks To Buy And Watch? Start Here

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 trailing 52 weeks holds up against all the other stocks in our database.

Decades of market research shows that the best stocks typically have an RS Rating of at least 80 as they begin their biggest price moves.

GXO Logistics is not currently near a potential buying area. See if the stock goes on to form a sound pattern that could launch a new move.

GXO Logistics posted -36% EPS growth in the latest quarterly report, while sales growth came in at 21%. Look for the next report on or around Jul. 30.

The company holds the No. 1 rank among its peers in the Transportation-Logistics industry group. Expeditors Intl of Wash and XPO 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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