On Tuesday, News Corp Cl A received an upgrade to its Relative Strength (RS) Rating, from 68 to 71.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's unique RS Rating identifies technical performance by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
Decades of market research reveals that the best-performing stocks often have an 80 or higher RS Rating in the early stages of their moves. See if News Corp Cl A can continue to show renewed price strength and clear that threshold.
News Corp Cl A is working on a cup with handle with a 28.93 entry. See if it can clear the breakout price in heavy volume.
Earnings growth increased last quarter from 22% to 31%. But sales fell from 5% to 1%.
The company earns the No. 3 rank among its peers in the Media-Newspapers industry group. New York Times 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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