On Friday, IPG Photonics got an upgrade to its Relative Strength (RS) Rating, from 77 to 82.
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This exclusive rating from Investor's Business Daily identifies price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.
History shows that the stocks that go on to make the biggest gains often have an RS Rating of above 80 as they begin their biggest climbs.
IPG Photonics is not currently showing a potential entry point. See if the stock goes on to build a promising consolidation that could spark a new run.
Earnings growth declined last quarter from -38% to -42%. But sales moved higher, from -10% to -3%.
The company earns the No. 5 rank among its peers in the Electronics-Scientific Measuring industry group. Itron 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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