The Relative Strength (RS) Rating for Crane jumped into a new percentile Wednesday, with an increase from 79 to 83.
IBD's unique rating tracks share price action with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
Decades of market research reveals that the stocks that go on to make the biggest gains typically have an 80 or better RS Rating in the early stages of their moves.
Risk Management In The Stock Market: How Much Money To Invest Now
Crane is not currently showing a potential entry point. See if the stock goes on to build a sound pattern that could kick off a new climb.
While revenue growth fell last quarter from 14% to 13%, the bottom line grew 34%, up from 18% in the prior report.
The company earns the No. 1 rank among its peers in the Diversified Operations industry group. Carlisle Cos and Johnson Controls Intl are also among the group's highest-rated stocks.
RELATED:
Stocks With Rising Relative Strength Ratings
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
