ITT had its Relative Strength (RS) Rating upgraded from 80 to 83 Tuesday.
IBD's unique RS Rating measures technical performance by showing how a stock's price action over the last 52 weeks compares to that of other stocks on the major indexes.
Decades of market research reveals that the market's biggest winners typically have an 80 or higher RS Rating as they launch their biggest climbs.
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ITT is not currently offering a proper buying opportunity. See if the stock goes on to build a promising consolidation that could launch a new move.
The company reported 7% EPS growth in its most recent report. Revenue gains came in at 8%.
The company holds the No. 13 rank among its peers in the Machinery-General Industrial industry group. SPX Technologies, Badger Meter and Graham Corp are among the top 5 highly rated stocks within the group.
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