L3Harris Technologies stock had its Relative Strength (RS) Rating upgraded from 65 to 72 Monday — a welcome improvement, but still short of the 80 or better score you look for.
IBD's unique RS Rating measures market leadership by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
Decades of market research reveals that the market's biggest winners often have an RS Rating north of 80 as they begin their biggest climbs. See if L3Harris Technologies stock can continue to rebound and clear that threshold.
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Is L3Harris Technologies Stock A Buy?
L3Harris Technologies stock is trying to complete a flat base with a 245.59 buy point. See if the aerospace defense stock can clear the breakout price in heavy volume.
While sales growth fell last quarter from 17% to 13%, earnings-per-share grew 9%, up from 7% in the prior report.
L3 Harris Technologies stock holds the No. 20 rank among its peers in the Aerospace/Defense industry group. Embraer ADR, GE Aerospace and Heico Corp are among the top 5 highly rated stocks within the group. For more industry news, check out "Defense And Aerospace Stocks To Watch And Industry News."
