In a welcome move, IPG Photonics saw its Relative Strength Rating rise from 67 to 76 on Friday.
When To Sell Stocks To Lock In Profits And Minimize Losses
This unique rating measures market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price action over the last 52 weeks stacks up against all the other stocks in our database.
History reveals that the best stocks tend to have an RS Rating north of 80 as they begin their biggest price moves. See if IPG Photonics can continue to rebound and hit that benchmark.
IPG Photonics is not currently near a potential buy zone. See if the stock goes on to build a promising consolidation that could ignite a new run.
EPS growth decreased in the company's latest report from -38% to -42%, but sales rose from -10% to -3%.
IPG Photonics holds the No. 6 rank among its peers in the Electronics-Scientific Measuring industry group. Itron, Camtek and Cognex are among the top 5 highly rated stocks 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.
RELATED:
IBD Stock Rating Upgrades: Rising Relative Strength
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
