On Thursday, General Dynamics stock received a positive adjustment to its Relative Strength (RS) Rating, from 65 to 71.
This proprietary rating identifies market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the last 52 weeks compares to the rest of the market.
Over 100 years of market history shows that the market's biggest winners typically have an RS Rating of above 80 in the early stages of their moves. See if General Dynamics stock can continue to rebound and clear that threshold.
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Is General Dynamics Stock A Buy?
General Dynamics stock is trying to complete a flat base with a 302.75 entry. See if the defense stock can break out in heavy trading. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
In terms of top and bottom line numbers, General Dynamics has posted rising EPS growth in each of the last three reports. Sales growth has also increased over the same time frame.
General Dynamics stock earns the No. 9 rank among its peers in the Aerospace/Defense industry group. Embraer ADR, Heico Corp and Heico Cl A are among the top 5 highly rated stocks within the group. For more industry news, check out "Defense And Aerospace Stocks To Watch And Industry News."
