Philip Morris Intl saw a positive improvement to its Relative Strength (RS) Rating on Wednesday, with an upgrade from 79 to 82.
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This unique rating tracks market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the trailing 52 weeks matches up against that of all other stocks.
Decades of market research reveals that the stocks that go on to make the biggest gains tend to have an RS Rating north of 80 in the early stages of their moves.
Philip Morris Intl is trying to complete a consolidation with a 186.69 entry. See if it can clear the breakout price in volume at least 40% higher than normal.
Earnings grew 20% last quarter, up from 13% in the prior report. Revenue also increased, from 6% to 7%.
Philip Morris Intl holds the No. 4 rank among its peers in the Tobacco industry group. Turning Point Brands 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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