On Tuesday, British Amer Tobacco ADR earned a positive adjustment to its Relative Strength (RS) Rating, from 80 to 83.
This exclusive rating from Investor's Business Daily identifies share price performance 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.
Decades of market research reveals that the best stocks often have an 80 or better RS Rating in the early stages of their moves.
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While the stock is not near an ideal buying range right now, see if it manages to form and break out from a proper consolidation.
British Amer Tobacco ADR reported negative growth for both sales and earnings last quarter.
The company holds the No. 5 rank among its peers in the Tobacco industry group. Turning Point Brands is the top-ranked stock within the group.
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