The Relative Strength (RS) Rating for Imax entered a new percentile Tuesday, with a rise from 80 to 84.
Risk Management In The Stock Market: How Much Money To Invest Now
This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.
Decades of market research reveals that the market's biggest winners tend to have an 80 or higher RS Rating as they begin their biggest climbs.
While now is not an ideal time to buy shares, see if the stock goes on to establish and enter a buy zone in heavy volume.
While sales growth fell last quarter from 10% to 3%, earnings-per-share grew 44%, up from -13% in the prior report.
Imax earns the No. 2 rank among its peers in the Leisure-Movies & Related industry group. Netflix 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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