John Wiley & Sons A had its Relative Strength (RS) Rating upgraded from 61 to 73 Monday — a welcome improvement, but still shy of the 80 or higher score you prefer to see.
IBD's unique rating tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database.
History reveals that the stocks that go on to make the biggest gains tend to have an RS Rating of above 80 in the early stages of their moves. See if John Wiley & Sons A can continue to rebound and hit that benchmark.
Can You Really Time The Stock Market?
John Wiley & Sons A is working on a consolidation with a 53.96 buy point. See if it can clear the breakout price in volume at least 40% higher than normal.
Top and bottom line growth moved higher last quarter. Earnings were up 42%, compared to 33% in the prior report. Revenue increased from -13% to -12%.
John Wiley & Sons A earns the No. 1 rank among its peers in the Media-Books industry group. John Wiley & Sons B and Pearson ADR 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.
RELATED:
Which Stocks Are Showing Rising Relative Strength?
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!