The Relative Strength (RS) Rating for Pentair moved up into a new percentile Tuesday, as it got a lift from 69 to 78.
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IBD's proprietary rating identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the best stocks often have an RS Rating north of 80 in the early stages of their moves. See if Pentair can continue to rebound and clear that threshold.
Pentair is building a consolidation with a 110.71 buy point. See if it can clear the breakout price in volume at least 40% above average.
Pentair posted 18% EPS growth in its most recent report. Sales increased -1%.
The company holds the No. 10 rank among its peers in the Machinery-General Industrial industry group. Badger Meter, ESCO Technologies and Power Solutions Intl 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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