On Friday, Compass Minerals earned an upgrade to its Relative Strength (RS) Rating, from 68 to 79.
IBD's proprietary rating identifies market leadership 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.
Over 100 years of market history reveals that the best stocks often have an RS Rating of over 80 in the early stages of their moves. See if Compass Minerals can continue to rebound and hit that benchmark.
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While the stock is not near an ideal buying range right now, see if it goes on to form and break out from a proper base.
Compass Minerals posted 0% EPS growth in its most recent report, while sales growth came in at -2%. The company is expected to report its latest numbers on or around Nov. 29.
The company holds the No. 5 rank among its peers in the Chemicals-Basic industry group. Hawkins is the No. 1-ranked stock within the group.
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