Mueller Water Products saw a welcome improvement to its Relative Strength (RS) Rating on Wednesday, with an upgrade from 66 to 72.
How To Invest In Stocks In Both Bull And Bear Markets
IBD's unique rating identifies price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the last 52 weeks compares to all the other stocks in our database.
Over 100 years of market history shows that the best-performing stocks tend to have an RS Rating of at least 80 in the early stages of their moves. See if Mueller Water Products can continue to show renewed price strength and hit that benchmark.
Mueller Water Products is working on a consolidation with a 28.58 entry. See if the stock can clear the breakout price in heavy volume.
Earnings growth dropped last quarter from 13% to 6%. But revenue moved higher, from 3% to 7%.
Mueller Water Products earns the No. 4 rank among its peers in the Building-Construction Products/Miscellaneous industry group. Acuity is the top-ranked stock 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.
RELATED:
Which Stocks Are Showing Improved Price Performance?
