When putting together your watch list, look for stocks with an 80 or higher RS Rating. Fluor is one stock that just reached the mark, now earning a score of 85.
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IBD's proprietary RS Rating tracks technical performance by showing how a stock's price action over the last 52 weeks compares to that of other stocks on the major indexes.
Decades of market research reveals that the market's biggest winners typically have an RS Rating north of 80 as they begin their biggest climbs.
Fluor is not currently showing a potential entry point. See if the stock goes on to form a sound pattern that could ignite a new run.
While sales growth fell last quarter from 12% to 7%, EPS grew 55%, up from -29% in the previous report.
Fluor earns the No. 8 rank among its peers in the Building-Heavy Construction industry group. Construction Ptrs Cl A, Argan and Primoris Services 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.
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