Trimble had its Relative Strength (RS) Rating upgraded from 70 to 73 Friday — a welcome improvement, but still below the 80 or better score you prefer to see.
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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 behavior over the trailing 52 weeks compares to all the other stocks in our database.
Decades of market research reveals that the market's biggest winners tend to have an RS Rating north of 80 as they begin their largest runs. See if Trimble can continue to rebound and hit that benchmark.
Trimble is trying to complete a flat base with an 87.50 entry. See if it can break out in heavy trade.
The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -5% to 15%. Revenue rose from -12% to 1%. The next quarterly numbers are expected on or around Oct. 29.
Trimble earns the No. 8 rank among its peers in the Electronics-Miscellaneous Products industry group. Corning, InterDigital and Interlink Electronics 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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