On Friday, KBR Inc earned a positive adjustment to its Relative Strength (RS) Rating, from 67 to 73.
This exclusive rating from Investor's Business Daily identifies 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.
History reveals that the best stocks tend to have an RS Rating north of 80 as they launch their biggest runs. See if KBR Inc can continue to show renewed price strength and hit that benchmark.
When To Sell Stocks To Lock In Profits And Minimize Losses
KBR Inc broke out earlier, but has fallen back below the prior 69.50 entry from a flat base. If a stock you're tracking clears a buy point then retreats 7% or more below the original entry price, it's considered a failed base. Wait for the stock to set up and breakout from a new base and entry price. Also keep in mind that the latest pattern is a later-stage base, which makes it riskier to establish a new position or add shares to an existing one.
KBR Inc reported 12% earnings growth in its most recent report. Revenue increased 10%.
The company earns the No. 10 rank among its peers in the Commercial Services-Consulting industry group. Booz Allen Hamilton Hldg, CRA International and Leidos Holdings are among the top 5 highly rated stocks within the group.
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