Mosaic had its Relative Strength (RS) Rating upgraded from 65 to 75 Thursday — a welcome improvement, but still short of the 80 or higher score you prefer to see.
This exclusive rating from Investor's Business Daily identifies share price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history shows that the market's biggest winners typically have an RS Rating of above 80 as they launch their largest runs. See if Mosaic can continue to show renewed price strength and hit that benchmark.
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While it's not currently an ideal time to jump in, see if the stock manages to offer and clear an appropriate buy point.
Although earnings and sales growth came in at -37% and -11%, respectively, in the latest report, that showed improvement for both earnings-per-share and sales.
The company holds the No. 7 rank among its peers in the Chemicals-Agriculture industry group. Intrepid Potash, CVR Partners and Nutrien are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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