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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY and JULIE MAK

ITT Stock Earns Relative Strength Rating Upgrade

On Monday, ITT stock earned an upgrade to its Relative Strength (RS) Rating, from 80 to 83.

IBD's unique rating identifies share price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks holds up against all the other stocks in our database.

History shows that the market's biggest winners typically have an 80 or higher RS Rating as they begin their biggest runs.

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Is ITT Stock A Buy?

ITT stock is building a cup without handle with a 140.20 buy point. See if the stock can clear the breakout price in heavy trading. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.

 

Earnings grew 21% last quarter, up from 4% in the prior report. Revenue also increased, from 7% to 14%. The next quarterly results are expected on or around Aug. 1.

ITT stock holds the No. 6 rank among its peers in the Machinery-General Industrial industry group. Badger Meter, SPX Technologies and Taylor Devices are among the top 5 highly rated stocks within the group.

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