On Thursday, Valmont Industries got a positive adjustment to its Relative Strength (RS) Rating, from 67 to 72.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's unique rating measures market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
History reveals that the best stocks typically have an 80 or better RS Rating in the early stages of their moves. See if Valmont Industries can continue to rebound and hit that benchmark.
While it's not currently an ideal time to invest, see if the stock is able to offer and clear a proper buy point.
Valmont Industries reported 0% earnings growth in its most recent report, while sales growth came in at -1%.
Valmont Industries earns the No. 4 rank among its peers in the Metal-Fabricators industry group. RBC Bearings is the top-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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