On Friday, International Game Technology stock earned a positive adjustment to its Relative Strength (RS) Rating, from 88 to 91.
When you're researching the best stocks to buy and watch, keep a close on eye on relative price strength. IBD's unique rating tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks compares to all the other stocks in our database.
History shows that the best stocks often have an RS Rating north of 80 as they launch their largest price moves.
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Is International Game Technology Stock A Buy?
International Game Technology stock is not currently offering a proper buying opportunity. See if the stock goes on to build a promising consolidation that could kick off a new climb.
While revenue growth fell last quarter from 8% to 4%, the bottom line grew 208%, up from 13% in the prior report.
International Gaming Technology stock earns the No. 4 rank among its peers in the Leisure-Gaming/Equipment industry group. Churchill Downs and Monarch Casino & Resort are among the top 5 highly rated stocks within the group.
