On Friday, Vontier received an upgrade to its Relative Strength (RS) Rating, from 79 to 83.
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This exclusive rating from Investor's Business Daily identifies price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the stocks that go on to make the biggest gains often have an RS Rating of above 80 as they begin their biggest runs.
Vontier is now considered extended and out of buy range after clearing a 33.08 buy point in a second-stage flat base. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week moving average.
Earnings grew 25% last quarter, up from 4% in the prior report. Revenue also increased, from -2% to 11%.
The company holds the No. 8 rank among its peers in the Machinery-General Industrial industry group. Power Solutions Intl, DXP Enterprises and ESCO Technologies 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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