Axalta Coating Systems saw a positive improvement to its Relative Strength (RS) Rating on Monday, rising from 70 to 73.
This exclusive rating from Investor's Business Daily measures share price action 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 best stocks often have an RS Rating of above 80 as they launch their largest climbs. See if Axalta Coating Systems can continue to show renewed price strength and clear that threshold.
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Axalta Coating Systems is not currently offering a proper buying opportunity. See if the stock goes on to build a chart pattern that could ignite a new run.
While sales growth fell last quarter from 5% to 1%, the bottom line grew 37%, up from 13% in the previous report. Keep an eye out for the company's next round of numbers on or around Jul. 24.
Axalta Coating Systems earns the No. 1 rank among its peers in the Chemicals-Paints industry group. RPM International and Sherwin-Williams are also among the group's highest-rated stocks.
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