Greenbrier saw a welcome improvement to its Relative Strength (RS) Rating on Tuesday, with an increase from 67 to 72.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's unique rating identifies share price performance 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 best stocks tend to have an 80 or better RS Rating in the early stages of their moves. See if Greenbrier can continue to rebound and hit that benchmark.
Greenbrier is trying to complete a cup without handle with a 71.06 buy point. See if it can break out in heavy trading.
The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 51% to 75%. Revenue rose from -12% to 3%.
The company holds the No. 2 rank among its peers in the Transportation-Equipment Manufacturing industry group. Wabtec 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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