One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Mueller Water Products stock cleared that benchmark Friday, with a jump from 75 to 81 Friday.
This exclusive rating from Investor's Business Daily measures price action with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
History reveals that the best stocks typically have an RS Rating of at least 80 in the early stages of their moves.
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Is Mueller Water Products Stock A Buy?
Mueller Water Products stock is working on a flat base with a 16.93 entry. See if it can break out in heavy volume. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
The water management solutions company reported 0% earnings growth in its most recent report. Revenue increased -19%. Keep an eye out for the company's next round of numbers on or around May 6.
Mueller Water Products stock holds the No. 25 rank among its peers in the Building-Construction Products/Miscellaneous industry group. AZEK, Beacon Roofing Supply and Core & Main are among the top 5 highly rated stocks within the group.
