One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Jacobs Engineering Group stock cleared that benchmark Monday, with a jump from 77 to 83 Monday.
As you try to find the best stocks to buy and watch, be sure to pay attention to relative price strength.
IBD's proprietary rating measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
Decades of market research reveals that the top-performing stocks tend to have an 80 or better RS Rating in the early stages of their moves.
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Is Jacobs Engineering Group Stock A Buy?
Jacobs Engineering Group stock is building a consolidation with a 149.65 buy point. See if the stock can break out in volume at least 40% higher than normal. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
Earnings growth rose last quarter from -3% to 11%. But revenue gains fell from 2% to 0%.
Jacobs Engineering Group stock holds the No. 6 rank among its peers in the Building-Heavy Construction industry group. KBR and Quanta Services are also among the group's highest-rated stocks.
