One important metric to look for in a stock is an 80 or higher Relative Strength Rating. IES Holdings now clears that threshold, with a jump from 79 to 85 Tuesday.
IBD's unique rating identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks compares to all the other stocks in our database.
Decades of market research reveals that the best stocks often have an RS Rating north of 80 as they launch their biggest climbs.
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While IES Holdings is not near a proper buy point right now, see if it goes on to form and break out from a proper base.
The company posted 42% earnings growth in the latest quarterly report, while sales growth came in at 18%.
IES Holdings holds the No. 2 rank among its peers in the Building-Maintenance & Services industry group. Rollins Inc is the No. 1-ranked stock within the group.
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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