On Thursday, IES Holdings earned a positive adjustment to its Relative Strength (RS) Rating, from 69 to 89.
This unique rating measures market leadership by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
Decades of market research shows that the best stocks typically have an RS Rating north of 80 as they begin their biggest runs.
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While it's not currently an ideal time to jump in, see if the stock goes on to form a consolidation and break out.
The company posted 42% earnings growth in the latest quarterly report, while sales growth came in at 18%.
IES Holdings holds the No. 1 rank among its peers in the Building-Maintenance & Services industry group. Rollins Inc and EMCOR Group 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.
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