Huntington Ingalls Inds saw a positive improvement to its Relative Strength (RS) Rating on Friday, rising from 72 to 88.
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This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains often have an RS Rating north of 80 in the early stages of their moves.
Huntington Ingalls Inds has risen more than 5% past a 238.00 entry in a first-stage flat base, meaning it's now out of a proper buy zone. Look for the stock to offer a new buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.
Earnings growth declined in the company's most recent report from -2% to -12%, but the top line rose from -3% to 4%.
Huntington Ingalls Inds holds the No. 31 rank among its peers in the Aerospace/Defense industry group. AAR Corp, GE Aerospace 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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