On Friday, Hubbell got an upgrade to its Relative Strength (RS) Rating, from 65 to 74.
When To Sell Stocks To Lock In Profits And Minimize Losses
This exclusive rating from Investor's Business Daily identifies share price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.
History shows that the top-performing stocks often have an 80 or better RS Rating as they begin their biggest climbs. See if Hubbell can continue to show renewed price strength and hit that benchmark.
Hubbell is working on a consolidation with a 481.35 buy point. See if the stock can clear the breakout price in heavy volume.
Hubbell reported negative growth for both sales and earnings last quarter. Hubbell is expected to report its next quarterly numbers on or around Jul. 29.
The company holds the No. 5 rank among its peers in the Electrical Power/Equipment industry group. Vertiv Holdings 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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