On Tuesday, OSI Systems earned an upgrade to its Relative Strength (RS) Rating, from 68 to 71.
IBD's proprietary rating tracks share price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the trailing 52 weeks stacks up against all the other stocks in our database.
History shows that the market's biggest winners typically have an RS Rating north of 80 as they begin their biggest climbs. See if OSI Systems can continue to show renewed price strength and clear that threshold.
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OSI Systems is building a consolidation with a 158.69 entry. See if it can clear the breakout price in heavy trade.
Top and bottom line growth moved higher in the company's most recent quarter. Earnings were up 37%, compared to 7% in the prior report. Revenue increased from 17% to 23%.
OSI Systems holds the No. 12 rank among its peers in the Aerospace/Defense industry group. Heico Cl A, Heico Corp and Howmet Aerospace are among the top 5 highly rated stocks within the group.
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