Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Investors Business Daily
Investors Business Daily
Technology
INVESTOR'S BUSINESS DAILY and JULIE MAK

Teradyne Stock Shows Rising Price Performance With Jump To 82 RS Rating

On Thursday, Teradyne stock received an upgrade to its Relative Strength (RS) Rating, from 79 to 82.

As you try to find the best stocks to buy and watch, keep a close on eye on relative price strength.

IBD's proprietary rating measures price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the trailing 52 weeks stacks up against all the other stocks in our database.

History reveals that the top-performing stocks tend to have an RS Rating north of 80 in the early stages of their moves.

See How IBD Helps You Make More Money In Stocks

Is Teradyne Stock A Buy?

Teradyne stock has climbed more than 5% past a 99.25 entry in a first-stage cup without handle, meaning it's now out of a proper buy zone. Look for the stock to offer a new chance to get in like a three-weeks tight or pullback to the 50-day or 10-week moving average.

The chipmaker reported negative growth for both sales and earnings last quarter.

Teradyne stock earns the No. 14 rank among its peers in the Electronics-Semiconductor Equipment industry group. Lam Research and Axcelis Technologies are also among the group's highest-rated stocks.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.