Installed Bldg Products had its Relative Strength (RS) Rating upgraded from 76 to 91 Friday.
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This exclusive rating from Investor's Business Daily identifies share price performance with a 1 (worst) to 99 (best) score. The score 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 best stocks typically have an RS Rating of above 80 as they launch their largest price moves.
Installed Bldg Products is trying to complete a cup without handle with a 281.04 entry. See if the stock can clear the breakout price in volume at least 40% above average.
Earnings grew 4% last quarter, up from -16% in the prior report. Revenue also increased, from -1% to 3%.
The company holds the No. 4 rank among its peers in the Building-Maintenance & Services industry group. EMCOR Group 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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