Pentair saw a positive improvement to its Relative Strength (RS) Rating on Monday, with an upgrade from 75 to 82.
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IBD's proprietary RS Rating measures market leadership by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
History reveals that the market's biggest winners tend to have an RS Rating north of 80 in the early stages of their moves.
Pentair is working on a consolidation with a 110.71 entry. See if the stock can clear the breakout price in heavy trade.
The company showed 18% EPS growth in the latest quarterly report, while sales growth came in at -1%.
Pentair holds the No. 8 rank among its peers in the Machinery-General Industrial industry group. Badger Meter, Power Solutions Intl and ESCO Technologies are among the top 5 highly rated stocks 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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