On Wednesday, PHINIA got an upgrade to its Relative Strength (RS) Rating, from 68 to 72.
Can You Really Time The Stock Market?
This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the last 52 weeks compares to all the other stocks in our database.
History shows that the best stocks often have an 80 or better RS Rating in the early stages of their moves. See if PHINIA can continue to show renewed price strength and clear that threshold.
PHINIA is not currently offering a proper buying opportunity. See if the stock goes on to form a chart pattern that could launch a new move.
Top and bottom line growth moved higher last quarter. Earnings were up 44%, compared to -13% in the prior report. Revenue increased from -8% to 3%. Keep an eye out for the company's next round of numbers on or around Oct. 28.
PHINIA holds the No. 14 rank among its peers in the Auto/Truck-Original Equipment industry group. Hesai Group ADR, Aptiv and Ouster Cl A 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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