Pentair saw a welcome improvement to its Relative Strength (RS) Rating on Friday, rising from 67 to 73.
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This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the last 52 weeks stacks up against all the other stocks in our database.
History reveals that the stocks that go on to make the biggest gains typically have an RS Rating of over 80 as they begin their biggest climbs. See if Pentair can continue to rebound and clear that threshold.
While the stock is not near an ideal buying range right now, see if it goes on to form and break out from a proper base.
EPS growth dropped last quarter from 18% to 14%, but sales rose from -1% to 2%. Look for the next report on or around Oct. 28.
The company earns the No. 15 rank among its peers in the Machinery-General Industrial industry group. DXP Enterprises, ESCO Technologies and Power Solutions Intl 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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