When putting together your watch list, look for stocks with an 80 or higher RS Rating. Huntington Ingalls Inds now meets that criteria, with a jump from 78 to 82 Tuesday.
Looking For The Best Stocks To Buy And Watch? Start Here
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the last 52 weeks holds up against all the other stocks in our database.
History shows that the best-performing stocks typically have an 80 or higher RS Rating as they launch their biggest runs.
While Huntington Ingalls Inds is not near a proper entry right now, see if it is able to form and break out of a proper consolidation.
Although earnings and sales growth came in at -2% and -3%, respectively, in the latest report, that showed improvement for both EPS and revenue. The company is expected to release its next quarterly numbers on or around Jul. 31.
The company earns the No. 35 rank among its peers in the Aerospace/Defense industry group. Espey Mfg & Elec, Heico and Heico Cl A 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.
RELATED:
Defense And Aerospace Stocks To Watch And Industry News
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!
