Koninklijke Philips ADR had its Relative Strength (RS) Rating upgraded from 65 to 72 Tuesday — a welcome improvement, but still below the 80 or higher score you prefer to see.
IBD's proprietary rating identifies market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.
History shows that the market's biggest winners typically have an RS Rating north of 80 as they begin their biggest price moves. See if Koninklijke Philips ADR can continue to show renewed price strength and clear that threshold.
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While Koninklijke Philips ADR is not near an ideal buy point right now, see if it manages to form and break out from a proper chart pattern.
Earnings growth declined last quarter from 10% to 6%. But revenue gains moved higher, from -2% to 3%.
Koninklijke Philips ADR holds the No. 11 rank among its peers in the Diversified Operations industry group. Crane, Carlisle Cos and Johnson Controls Intl are among the top 5 highly rated stocks within the group.
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