On Thursday, RBC Bearings earned a positive adjustment to its Relative Strength (RS) Rating, from 67 to 72.
Can You Really Time The Stock Market?
This exclusive rating from Investor's Business Daily tracks share price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the stocks that go on to make the biggest gains typically have an RS Rating of above 80 as they begin their biggest climbs. See if RBC Bearings can continue to rebound and clear that threshold.
RBC Bearings is trying to complete a flat base with a 416.33 entry. See if it can clear the breakout price in heavy trade.
EPS growth fell last quarter from 15% to 12%, but the top line rose from 6% to 7%. The next quarterly results are expected on or around Oct. 31.
The company holds the No. 6 rank among its peers in the Metal-Fabricators industry group. Century Aluminum, Mueller Industries and Insteel Industries 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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