ITT saw a welcome improvement to its Relative Strength (RS) Rating on Friday, rising from 76 to 84.
Hone Your Stock-Picking Skills By Focusing On These Factors
IBD's proprietary rating measures price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
History reveals that the stocks that go on to make the biggest gains often have an RS Rating north of 80 in the early stages of their moves.
ITT is not currently showing a potential entry point. See if the stock goes on to build a promising consolidation that could launch a new move.
Earnings grew 10% last quarter, up from 2% in the prior report. Revenue also increased, from 0% to 7%.
ITT earns the No. 8 rank among its peers in the Machinery-General Industrial industry group. Power Solutions Intl, DXP Enterprises and ESCO Technologies 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.
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