On Wednesday, Pentair got an upgrade to its Relative Strength (RS) Rating, from 70 to 75.
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This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.
History reveals that the best stocks tend to have an 80 or better RS Rating in the early stages of their moves. See if Pentair can continue to rebound and clear that threshold.
Pentair is working on a consolidation with a 110.71 buy point. See if the stock can clear the breakout price in volume at least 40% higher than normal.
While EPS growth dropped in the company's most recently reported quarter from 18% to 14%, the top line grew 2%, up from -1% in the previous report.
Pentair holds the No. 14 rank among its peers in the Machinery-General Industrial industry group. DXP Enterprises, ESCO Technologies and JBT Marel 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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