In a welcome move, Hubbell saw its Relative Strength Rating improve from 68 to 74 on Thursday.
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This exclusive rating from Investor's Business Daily measures share price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks compares to all the other stocks in our database.
Over 100 years of market history shows that the top-performing stocks tend to have an RS Rating north of 80 as they begin their biggest climbs. See if Hubbell can continue to rebound and clear that threshold.
Hubbell is trying to complete a consolidation with a 481.35 entry. See if it can break out in volume at least 40% higher than normal.
Earnings grew 11% last quarter, up from -1% in the prior report. Revenue also increased, from -2% to 2%.
The company earns the No. 6 rank among its peers in the Electrical Power/Equipment industry group. Vertiv Holdings, American Superconductor and Eaton are among the top 5 highly rated stocks 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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