AeroVironment had its Relative Strength (RS) Rating upgraded from 80 to 86 Friday.
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This exclusive rating from Investor's Business Daily identifies share price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the market's biggest winners tend to have an 80 or higher RS Rating in the early stages of their moves.
While the stock is not near an ideal buy point right now, see if it is able to form and break out from a proper base.
AeroVironment reported negative growth for both sales and earnings last quarter. AeroVironment is expected to release its next quarterly numbers on or around Jun. 24.
AeroVironment earns the No. 33 rank among its peers in the Aerospace/Defense industry group. Astronics, Espey Mfg & Elec and Heico 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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