Koninklijke Philips ADR saw a positive improvement to its Relative Strength (RS) Rating on Wednesday, with an upgrade from 66 to 71.
IBD's proprietary RS Rating tracks market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the last 52 weeks matched up against all other stocks.
Decades of market research shows that the stocks that go on to make the biggest gains often have an 80 or better RS Rating as they begin their largest price moves. See if Koninklijke Philips ADR can continue to show renewed price strength and clear that threshold.
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While Koninklijke Philips ADR is not near a proper buying range right now, see if it goes on to form and break out from a proper consolidation.
Earnings growth slowed in the most recent report from 10% to 6%. But revenue moved higher, from -2% to 3%.
Koninklijke Philips ADR holds the No. 13 rank among its peers in the Diversified Operations industry group. Crane, Carlisle Cos and Johnson Controls Intl are among the top 5 highly rated stocks within the group.
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