On Friday, News Corp Cl A earned a positive adjustment to its Relative Strength (RS) Rating, from 70 to 73.
Can You Really Time The Stock Market?
IBD's unique rating tracks market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.
Over 100 years of market history reveals that the best stocks typically have an RS Rating of over 80 in the early stages of their moves. See if News Corp Cl A can continue to rebound and hit that benchmark.
News Corp Cl A is within a buy range after climbing above a 28.93 buy point in a cup with handle. The proper buying range is up 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..
Earnings growth increased last quarter from 22% to 31%. But sales fell from 5% to 1%.
News Corp Cl A earns the No. 2 rank among its peers in the Media-Newspapers industry group. New York Times 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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