When building your watch list, focus on stocks with an 80 or higher RS Rating. Lindsay is one stock that just reached the mark, now earning a score of 83.
Risk Management In The Stock Market: How Much Money To Invest Now
This exclusive rating from Investor's Business Daily measures share price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research shows that the market's biggest winners tend to have an RS Rating of over 80 as they begin their biggest runs.
Lindsay is working on a consolidation with a 140.26 buy point. See if it can clear the breakout price in volume at least 40% higher than normal.
Taking a look at top and bottom line numbers, the company has posted two quarters of accelerating earnings growth. Sales gains have also moved higher during the same period.
Lindsay earns the No. 1 rank among its peers in the Machinery-Farm industry group. Deere and Alamo Group are also among the group's highest-rated stocks.
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!