Philip Morris International stock had its Relative Strength (RS) Rating upgraded from 69 to 76 Tuesday -- a welcome improvement, but still shy of the 80 or higher score you look for.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
IBD's proprietary rating identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the last 52 weeks stacks 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 over 80 in the early stages of their moves. See if Philip Morris International can continue to rebound and hit that benchmark.
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Is Philip Morris International Stock A Buy?
Philip Morris International stock is building a consolidation with a 109.91 entry. See if the stock can clear the breakout price in heavy volume. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
The tobacco company posted -6% EPS growth in the latest quarterly report, while sales growth came in at 0%.
Philip Morris International stock holds the No. 3 rank among its peers in the Tobacco industry group. Vector and Philip Morris International are also among the group's highest-rated stocks.
