The Relative Strength (RS) Rating for Berry Global Group stock moved up into a higher percentile Tuesday, as it got a lift from 70 to 76.
When you're researching the best stocks to buy and watch, keep a close on eye on relative price strength.
IBD's proprietary RS Rating measures technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the trailing 52 weeks stacks up against all the other stocks in our database.
History shows that the best-performing stocks often have an RS Rating north of 80 as they launch their biggest price moves. See if Berry Global Group can continue to show renewed price strength and clear that threshold.
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Is Berry Global Group Stock A Buy?
Berry Global Group stock is working on the right side of a cup without handle with a 74.83 entry. See if it can break out in heavy trading. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
Regarding top and bottom line numbers, the packaging company has posted rising EPS growth in each of the last three reports. Top line growth has not followed the same trajectory, coming in at -7% in the latest report.
Berry Global Group stock holds the No. 7 rank among its peers in the Containers/Packaging industry group. UFP Technologies and Pactiv Evergreen are also among the group's highest-rated stocks.
