Sealed Air saw a positive improvement to its Relative Strength (RS) Rating on Monday, rising from 69 to 73.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's unique rating measures share price performance with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.
Decades of market research shows that the stocks that go on to make the biggest gains often have an RS Rating of over 80 as they begin their largest climbs. See if Sealed Air can continue to show renewed price strength and hit that benchmark.
While now is not an ideal time to jump in, see if the stock manages to establish and enter a buy zone in heavy trade.
Earnings grew 7% last quarter, up from 4% in the prior report. Revenue also increased, from -4% to -1%. The company is expected to report its latest results on or around Nov. 4.
Sealed Air holds the No. 1 rank among its peers in the Containers/Packaging industry group. Myers Industries and Crown Holdings are also among the group's highest-rated stocks.
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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