CH Robinson Worldwide had its Relative Strength (RS) Rating upgraded from 70 to 75 Monday — a welcome improvement, but still below the 80 or higher score you look for.
This proprietary rating identifies technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price performance over the last 52 weeks compares to other publicly traded companies.
History reveals that the top-performing stocks tend to have an RS Rating of above 80 in the early stages of their moves. See if CH Robinson Worldwide can continue to show renewed price strength and hit that benchmark.
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While CH Robinson Worldwide is not near an ideal buy point right now, see if it is able to form and break out from a proper base.
Taking a look at revenue and profit performance, the company has posted four quarters of accelerating earnings growth. Top line growth has been less impressive, coming in at -1% last quarter.
CH Robinson Worldwide earns the No. 3 rank among its peers in the Transportation-Logistics industry group. ZTO Express (Cayman) ADR is the No. 1-ranked stock within the group.
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