On Tuesday, Kaiser Aluminum got an upgrade to its Relative Strength (RS) Rating, from 66 to 71.
Can You Really Time The Stock Market?
This exclusive rating from Investor's Business Daily measures price performance with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database.
Over 100 years of market history reveals that the best-performing stocks tend to have an RS Rating north of 80 in the early stages of their moves. See if Kaiser Aluminum can continue to show renewed price strength and hit that benchmark.
Kaiser Aluminum is not currently near a potential buy zone. See if the stock goes on to form a promising consolidation that could launch a new move.
Earnings growth increased last quarter from 87% to 132%. But sales fell from 6% to 5%.
The company holds the No. 5 rank among its peers in the Metal-Fabricators industry group. Insteel Industries is the top-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.
RELATED:
Stocks With Rising Relative Strength Ratings
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!