In a welcome move, AECOM saw its Relative Strength Rating improve from 65 to 71 on Friday.
This exclusive rating from Investor's Business Daily tracks share price movement 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.
History reveals that the best-performing stocks tend to have an RS Rating of over 80 as they launch their largest climbs. See if AECOM can continue to show renewed price strength and clear that threshold.
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AECOM is building a flat base with a 118.56 entry. See if the stock can clear the breakout price in volume at least 40% higher than normal.
The company reported 25% EPS growth in the latest quarterly report. Sales rose 3%.
The company holds the No. 7 rank among its peers in the Building-Heavy Construction industry group. Argan, Great Lakes Dredge and Quanta Services are among the top 5 highly rated stocks within the group.
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