The Relative Strength (RS) Rating for Johnson Controls Intl jumped into a new percentile Thursday, with a rise from 77 to 81.
This exclusive rating from Investor's Business Daily identifies share price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
History reveals that the top-performing stocks often have an 80 or better RS Rating as they launch their biggest price moves.
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Johnson Controls Intl is working on a flat base with an 87.16 entry. See if the stock can clear the breakout price in volume at least 40% higher than normal.
Top and bottom line growth moved higher last quarter. Earnings were up 22%, compared to 0% in the prior report. Revenue increased from 1% to 7%. The company is expected to report its latest results on or around Feb. 5.
The company holds the No. 6 rank among its peers in the Diversified Operations industry group. Emerson Electric, Crane and 3M are among the top 5 highly rated stocks within the group.
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