Lennox International stock saw a welcome improvement to its Relative Strength (RS) Rating on Friday, with an increase from 64 to 84.
When you're researching the best stocks to buy and watch, keep a close on eye on relative price strength.
This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the last 52 weeks compares to all the other stocks in our database.
Over 100 years of market history shows that the best-performing stocks tend to have an RS Rating north of 80 as they launch their biggest runs.
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Is Lennox International Stock A Buy?
Lennox International stock broke out of a cup without handle with a 271.29 entry and still within the buy zone. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
In terms of revenue and profits, Lennox International has posted three quarters of accelerating earnings growth. Sales gains have also moved higher over the same time frame.
Lennox International stock earns the No. 6 rank among its peers in the Building-A/C & Heating Products industry group. AAON and Thermon Group Holdings are also among the group's highest-rated stocks.
