When considering what names to put on your watch list, focus on stocks with an 80 or higher RS Rating. News Corp Cl B is one stock that just reached the mark, now earning a score of 86.
This proprietary rating measures market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the trailing 52 weeks matches up against other publicly traded companies.
History shows that the top-performing stocks tend to have an RS Rating of over 80 as they begin their biggest climbs.
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News Corp Cl B is trying to complete a consolidation with a 35.25 entry. See if the stock can clear the breakout price in volume at least 40% higher than normal.
Earnings growth fell in the most recent report from 33% to 22%. But sales moved higher, from 3% to 5%. Keep an eye out for the company's next round of numbers on or around May 8.
The company earns the No. 1 rank among its peers in the Media-Newspapers industry group. New York Times 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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