On Friday, Amcor earned an upgrade to its Relative Strength (RS) Rating, from 70 to 75.
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.
History shows that the top-performing stocks tend to have an RS Rating of at least 80 as they begin their largest climbs. See if Amcor can continue to rebound and clear that threshold.
When To Sell Stocks To Lock In Profits And Minimize Losses
Amcor is not currently near a potential buying area. See if the stock goes on to build a sound pattern that could launch a new move.
While the company's bottom line growth fell in the company's most recently reported quarter from 11% to 0%, revenue grew -3%, up from -4% in the prior report.
The company holds the No. 5 rank among its peers in the Containers/Packaging industry group. Aptargroup is the No. 1-ranked stock within the group.
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