When putting together your watch list, look for stocks with an 80 or higher RS Rating. Mondelez Intl Cl A now meets that criteria, with an increase from 77 to 82 Thursday.
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IBD's unique RS Rating tracks market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price action over the last 52 weeks matches up against the rest of the market.
History shows that the best stocks tend to have an RS Rating north of 80 in the early stages of their moves.
Mondelez Intl Cl A is building a cup with handle with a 70.60 entry. See if the stock can break out in heavy trade.
Earnings growth increased last quarter from -21% to -20%. But sales fell from 3% to 0%.
The company earns the No. 4 rank among its peers in the Food-Confectionery industry group. Simply Good Foods 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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