In a welcome move, Mercury Systems saw its Relative Strength Rating rise from 66 to 73 on Thursday.
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database.
History shows that the stocks that go on to make the biggest gains typically have an RS Rating of above 80 as they begin their largest climbs. See if Mercury Systems can continue to show renewed price strength and hit that benchmark.
Can You Really Time The Stock Market?
While the stock is not near a proper entry right now, see if it is able to form and break out from a proper chart pattern.
Earnings growth decreased in the most recent quarter from 109% to 0%. But revenue moved higher, from -2% to 13%.
The company earns the No. 24 rank among its peers in the Aerospace/Defense industry group. M-tron Industries, Howmet Aerospace and OSI Systems are among the top 5 highly rated stocks within the group.
RELATED:
Defense And Aerospace Stocks To Watch And Industry News
IBD Stock Rating Upgrades: Rising Relative Strength
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
