Terex saw a welcome improvement to its Relative Strength (RS) Rating on Monday, with an upgrade from 64 to 71.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's proprietary rating identifies market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history shows that the best-performing stocks tend to have an RS Rating of at least 80 as they launch their biggest runs. See if Terex can continue to show renewed price strength and clear that threshold.
While it's not currently an ideal time to invest, see if the stock is able to establish and enter a buying range in heavy volume.
Top and bottom line growth moved higher in the company's most recent quarter. Earnings were up -31%, compared to -52% in the prior report. Revenue increased from -5% to 8%. The company is expected to report its latest earnings and sales numbers on or around Oct. 23.
Terex holds the No. 3 rank among its peers in the Machinery-Construction/Mining industry group. Astec Industries 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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