The Relative Strength (RS) Rating for Lear Corp stock jumped into a higher percentile Tuesday, as it got a lift from 66 to 71.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's proprietary rating identifies market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks compares to all the other stocks in our database.
Decades of market research shows that the market's biggest winners often have an RS Rating north of 80 in the early stages of their moves. See if Lear Corp stock can continue to rebound and hit that benchmark.
Is Lear Corp Stock A Buy?
Lear Corp stock is not currently offering a proper buying opportunity. See if the auto parts stock goes on to build a base that could ignite a new run.
While revenue growth fell last quarter from -2% to -7%, earnings-per-share grew -2%, up from -3% in the previous report. Keep an eye out for the company's next round of numbers on or around Jul. 25.
Lear Corp stock earns the No. 17 rank among its peers in the Auto/Truck-Original Equipment industry group. Hesai Group ADR, Visteon and Strattec Security are among the top 5 highly rated stocks within the group.
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