HCA Healthcare had its Relative Strength (RS) Rating upgraded from 68 to 72 Monday — a welcome improvement, but still short of the 80 or higher score you look for.
When To Sell Stocks To Lock In Profits And Minimize Losses
This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The score 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 reveals that the best stocks often have an 80 or higher RS Rating in the early stages of their moves. See if HCA Healthcare can continue to show renewed price strength and clear that threshold.
HCA Healthcare is within a buying range after climbing above a 391.00 entry in a consolidation. The proper buying range extends to 5% above the initial entry. Once a stock moves above that range, it's best to wait for it to set up another buying opportunity..
The company posted 24% earnings growth in the latest quarterly report, while sales growth came in at 6%.
HCA Healthcare earns the No. 3 rank among its peers in the Medical-Hospitals industry group. Tenet Healthcare 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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