Watsco had its Relative Strength (RS) Rating upgraded from 79 to 82 Monday.
IBD's unique rating measures share price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the market's biggest winners often have an RS Rating of over 80 as they begin their biggest climbs.
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Watsco is working on a consolidation with a 571.41 entry. See if the stock can break out in heavy trade.
Top and bottom line growth moved higher last quarter. Earnings were up 15%, compared to -3% in the prior report. Revenue increased from 2% to 9%.
Watsco earns the No. 3 rank among its peers in the Building-A/C & Heating Products industry group. Lennox International is the top-ranked stock 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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