Pentair had its Relative Strength (RS) Rating upgraded from 66 to 71 Wednesday — a welcome improvement, but still short of the 80 or higher score you look for.
Can You Really Time The Stock Market?
This exclusive rating from Investor's Business Daily measures price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains often have an RS Rating north of 80 as they begin their biggest runs. See if Pentair can continue to rebound and hit that benchmark.
Pentair is working on a consolidation with a 110.71 buy point. See if it can break out in heavy volume.
Earnings growth decreased last quarter from 18% to 14%. But revenue gains moved higher, from -1% to 2%.
The company earns the No. 15 rank among its peers in the Machinery-General Industrial industry group. DXP Enterprises, 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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