CRH had its Relative Strength (RS) Rating upgraded from 80 to 84 Tuesday.
IBD's proprietary RS Rating tracks market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the trailing 52 weeks matches up against the rest of the market.
Over 100 years of market history shows that the best-performing stocks tend to have an RS Rating of over 80 in the early stages of their moves.
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CRH is not currently offering a proper buying opportunity. See if the stock goes on to build a base that could spark a new run.
While sales growth fell last quarter from 4% to 2%, EPS grew 12%, up from 9% in the prior report.
The company earns the No. 2 rank among its peers in the Building-Cement/Concrete/Aggregates industry group. U.S. Lime & Minerals 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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