On Friday, V2X received an upgrade to its Relative Strength (RS) Rating, from 79 to 82.
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This unique rating measures market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the last 52 weeks matches up against the rest of the market.
Decades of market research reveals that the market's biggest winners tend to have an RS Rating of at least 80 in the early stages of their moves.
V2X is working on a cup without handle with a 69.75 entry. See if the stock can clear the breakout price in heavy trade. Keep in mind that it's a later-stage consolidation, and those entail more risk.
V2X posted 60% EPS growth last quarter. Sales gains came in at 1%.
The company holds the No. 28 rank among its peers in the Aerospace/Defense industry group. GE Aerospace, Karman Holdings and AAR Corp 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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