In a welcome move, Altria Group stock saw its Relative Strength Rating improve from 70 to 78 on Friday.
Can You Really Time The Stock Market?
IBD's unique RS Rating identifies technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the trailing 52 weeks matched up against all other stocks.
Over 100 years of market history reveals that the market's biggest winners often have an RS Rating of over 80 in the early stages of their moves. See if Altria Group stock can continue to rebound and clear that threshold.
Is Altria Group Stock A Buy?
Altria Group stock is trying to complete a flat base with a 61.26 entry. See if the tobacco stock can break out in volume at least 40% above average.
The tobacco company reported 6% EPS growth in the latest quarterly report, while sales growth came in at -6%.
Altria Group stock holds the No. 6 rank among its peers in the Tobacco industry group. Turning Point Brands, British Amer Tobacco ADR and Philip Morris Intl are among the top 5 highly rated stocks within the group.
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