On Monday, TELUS Corp. got a positive adjustment to its Relative Strength (RS) Rating, from 69 to 75.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's proprietary rating tracks 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 reveals that the best stocks often have an 80 or higher RS Rating as they launch their biggest price moves. See if TELUS Corp. can continue to rebound and hit that benchmark.
Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock goes on to form a base and break out.
The company showed 0% EPS growth last quarter. Revenue rose 3%.
TELUS Corp. holds the No. 9 rank among its peers in the Telecom Services-Foreign industry group. Millicom Intl Cellular, TIM ADR and VEON ADR 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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