Simpson Manufacturing had its Relative Strength (RS) Rating upgraded from 69 to 72 Tuesday — a welcome improvement, but still below the 80 or better score you look for.
Can You Really Time The Stock Market?
IBD's unique rating measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history shows that the best stocks often have an 80 or better RS Rating as they begin their largest price moves. See if Simpson Manufacturing can continue to show renewed price strength and hit that benchmark.
Simpson Manufacturing is working on a cup without handle with a 197.81 buy point. See if it can break out in heavy trade.
Earnings grew 7% last quarter, up from 5% in the prior report. Revenue also increased, from 2% to 6%.
Simpson Manufacturing earns the No. 9 rank among its peers in the Building-Construction Products/Miscellaneous industry group. Acuity, Armstrong Wrld Ind and Masonglory 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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