One important metric to look for in a stock is an 80 or higher Relative Strength Rating. AZZ just hit that mark, with a jump from 79 to 83 Wednesday.
This exclusive rating from Investor's Business Daily tracks price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks holds up against all the other stocks in our database.
History shows that the best stocks often have an 80 or better RS Rating as they begin their biggest climbs.
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AZZ is trying to complete a consolidation with a 97.98 entry. See if it can break out in volume at least 40% higher than normal.
Top and bottom line growth moved higher last quarter. Earnings were up 17%, compared to 8% in the prior report. Revenue increased from 3% to 6%.
The company earns the No. 5 rank among its peers in the Electrical Power/Equipment industry group. Vertiv Holdings is the top-ranked stock within the group.
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