When considering what names to put on your watch list, look for stocks with an 80 or higher RS Rating. Intuitive Surgical just cleared that benchmark with an upgrade from 79 to 82.
Hone Your Stock-Picking Skills By Focusing On These Factors
IBD's unique rating tracks share price performance with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
Decades of market research reveals that the best-performing stocks tend to have an RS Rating north of 80 in the early stages of their moves.
Intuitive Surgical is working on a consolidation with a 616.00 entry. See if it can break out in heavy trading.
The company showed 21% earnings growth in the latest quarterly report, while sales growth came in at 19%.
The company earns the No. 2 rank among its peers in the Medical-Systems/Equipment industry group. iRadimed 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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