On Wednesday, Rollins got an upgrade to its Relative Strength (RS) Rating, from 67 to 73.
Can You Really Time The Stock Market?
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 holds up against all the other stocks in our database.
Decades of market research reveals that the stocks that go on to make the biggest gains typically have an RS Rating of at least 80 in the early stages of their moves. See if Rollins can continue to rebound and hit that benchmark.
Rollins is in a buy zone after climbing above a 58.65 buy point in a flat base. Once a stock moves 5% or higher beyond the initial entry, it's considered out of buy range.
Earnings grew 11% last quarter, up from 10% in the prior report. Revenue also increased, from 10% to 12%.
The company earns the No. 4 rank among its peers in the Building-Maintenance & Services industry group. EMCOR Group is the top-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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IBD Stock Rating Upgrades: Rising Relative Strength