In a welcome move, Brady Cl A saw its Relative Strength Rating improve from 68 to 71 on Monday.
IBD's proprietary RS Rating identifies market leadership by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
Over 100 years of market history reveals that the top-performing stocks tend to have an RS Rating of at least 80 as they begin their biggest price moves. See if Brady Cl A can continue to rebound and clear that threshold.
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Brady Cl A is building a consolidation with a 77.68 buy point. See if it can clear the breakout price in volume at least 40% higher than normal.
Brady Cl A showed 8% EPS growth last quarter, while sales growth came in at 11%.
The company holds the No. 1 rank among its peers in the Office Supplies Manufacturing industry group. Ennis and Avery Dennison are also among the group's highest-rated stocks.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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