ITT had its Relative Strength (RS) Rating upgraded from 64 to 74 Tuesday — a welcome improvement, but still below the 80 or better score you prefer to see.
When To Sell Stocks To Lock In Profits And Minimize Losses
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
Decades of market research shows that the stocks that go on to make the biggest gains tend to have an 80 or better RS Rating as they launch their largest climbs. See if ITT can continue to rebound and clear that threshold.
ITT is trying to complete a consolidation with a 161.13 entry. See if the stock can clear the breakout price in heavy volume.
The company showed 2% earnings growth last quarter, while sales growth came in at 0%.
The company earns the No. 8 rank among its peers in the Machinery-General Industrial industry group. Badger Meter, ESCO Technologies and Power Solutions Intl 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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