New York Times saw a positive improvement to its Relative Strength (RS) Rating on Monday, with an upgrade from 69 to 73.
Can You Really Time The Stock Market?
IBD's proprietary RS Rating identifies market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the last 52 weeks compares to the rest of the market.
History reveals that the market's biggest winners often have an RS Rating of above 80 as they launch their largest price moves. See if New York Times can continue to rebound and hit that benchmark.
New York Times is building a cup with handle with a 57.28 entry. See if the stock can break out in volume at least 40% above average.
The company posted 32% EPS growth in its most recent report. Sales increased 7%.
New York Times holds the No. 1 rank among its peers in the Media-Newspapers industry group. News Corp Cl B and News Corp Cl A 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.
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