The Relative Strength (RS) Rating for GXO Logistics entered a new percentile Thursday, with an increase from 78 to 81.
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This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the market's biggest winners often have an RS Rating north of 80 in the early stages of their moves.
GXO Logistics is not currently offering a proper buying opportunity. See if the stock goes on to build a chart pattern that could kick off a new climb.
Earnings growth increased in the company's latest report from -36% to 4%, but sales fell from 21% to 16%.
GXO Logistics holds the No. 1 rank among its peers in the Transportation-Logistics industry group. CH Robinson Worldwide and Expeditors Intl of Wash 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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