The Relative Strength (RS) Rating for United Rentals stock entered a new percentile Friday, with a rise from 74 to 82.
Hone Your Stock-Picking Skills By Focusing On These Factors
IBD's proprietary rating measures market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks compares to 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 in the early stages of their moves.
Is United Rentals Stock A Buy?
United Rentals stock has risen more than 5% past an 826.46 entry in a first-stage cup with handle, meaning it's extended and now out of a proper buy range. Look for the stock to offer a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week line.
While the company's top line growth fell last quarter from 7% to 5%, the bottom line grew -2%, up from -3% in the prior report.
United Rentals stock earns the No. 1 rank among its peers in the Commercial Services-Leasing industry group. AerCap Holdings and McGrath RentCorp are also among the group's highest-rated stocks.
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.
