Leidos Holdings saw a welcome improvement to its Relative Strength (RS) Rating on Friday, rising from 66 to 82.
Risk Management In The Stock Market: How Much Money To Invest Now
IBD's unique rating measures market leadership 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.
History shows that the top-performing stocks tend to have an RS Rating of over 80 as they launch their biggest climbs.
While it's not currently an ideal time to invest, see if the stock manages to form a consolidation and break out.
Earnings growth moved up last quarter from 19% to 30%, but the top line fell from 10% to 7%.
Leidos Holdings holds the No. 5 rank among its peers in the Commercial Services-Consulting industry group. Stantec 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.
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