Sensient Technologies had its Relative Strength (RS) Rating upgraded from 77 to 83 Wednesday.
Risk Management In The Stock Market: How Much Money To Invest Now
IBD's unique RS Rating identifies technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the last 52 weeks matches up against the rest of the market.
Decades of market research reveals that the market's biggest winners often have an 80 or better RS Rating as they launch their biggest runs.
Sensient Technologies is trying to complete a consolidation with an 81.85 entry. See if the stock can clear the breakout price in volume at least 40% higher than normal.
The company showed 27% EPS growth in the latest quarterly report, while sales growth came in at 8%. The next quarterly results are expected on or around Apr. 25.
The company holds the No. 4 rank among its peers in the Food-Miscellaneous Preparation industry group. Calavo Growers is the No. 1-ranked stock 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.
RELATED:
Which Stocks Are Showing Improved Price Performance?
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
