Philip Morris Intl saw a positive improvement to its Relative Strength (RS) Rating on Tuesday, rising from 67 to 72.
This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the best stocks typically have an RS Rating of at least 80 as they begin their largest climbs. See if Philip Morris Intl can continue to rebound and clear that threshold.
When To Sell Stocks To Lock In Profits And Minimize Losses
Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock is able to form a chart pattern and break out.
Earnings growth rose last quarter from -2% to 9%, but sales fell from 11% to 10%. The company is expected to report its latest results on or around Jul. 23.
The company holds the No. 4 rank among its peers in the Tobacco industry group. Turning Point Brands is the top-ranked stock within the group.
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