On Monday, News Corp Cl A received an upgrade to its Relative Strength (RS) Rating, from 65 to 73.
This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement 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 at least 80 in the early stages of their moves. See if News Corp Cl A can continue to show renewed price strength and clear that threshold.
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News Corp Cl A is trying to complete a consolidation with a 30.69 entry. See if it can break out in volume at least 40% higher than normal.
Earnings-per-share growth decreased in the company's most recent report from 33% to 22%, but revenue rose from 3% to 5%. The next quarterly results are expected on or around May 8.
The company holds the No. 3 rank among its peers in the Media-Newspapers industry group. News Corp Cl B is the No. 1-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.
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