US Cellular had its Relative Strength (RS) Rating upgraded from 77 to 82 Monday.
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This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the top-performing stocks tend to have an 80 or better RS Rating as they begin their biggest price moves.
US Cellular is still within a buying range after breaking past a 70.79 entry in a consolidation. The proper buying range extends to 5% above the initial entry. Once a stock hits that benchmark, it's best to wait for it to set up another buying opportunity.
While the company's top line growth fell last quarter from -3% to -6%, EPS grew 5%, up from -69% in the prior report. The next quarterly results are expected on or around Aug. 11.
US Cellular holds the No. 3 rank among its peers in the Telecom Services-Wireless industry group. T-Mobile US is the top-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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