Harmony Gold Mining ADR had its Relative Strength (RS) Rating upgraded from 90 to 93 Tuesday.
IBD's proprietary RS Rating measures 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 market's biggest winners tend to have an 80 or better RS Rating at the beginning of a new price run.
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While the stock is not near an ideal buy point right now, see if it is able to form and break out from a proper base.
The company showed 85% EPS growth last quarter, while sales growth came in at 19%. Look for the next report on or around Feb. 26.
The company holds the No. 1 rank among its peers in the Mining-Gold/Silver/Gems industry group. AngloGold Ashanti and Gold Field ADR are also among the group's highest-rated stocks.
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