The Relative Strength (RS) Rating for Wabtec moved up into a new percentile Monday, as it got a lift from 69 to 73.
IBD's proprietary rating tracks price action with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners tend to have an RS Rating of above 80 as they launch their largest climbs. See if Wabtec can continue to show renewed price strength and clear that threshold.
Can You Really Time The Stock Market?
Wabtec is working on a consolidation with a 210.88 entry. See if it can break out in heavy trade.
The company showed 9% earnings growth last quarter. Revenue increased 2%. The next quarterly numbers are expected on or around Apr. 23.
Wabtec holds the No. 1 rank among its peers in the Transportation-Equipment Manufacturing industry group. Greenbrier and Trinity Industries are also among the group's highest-rated stocks.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
RELATED:
IBD Stock Rating Upgrades: Rising Relative Strength
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!
