One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Badger Meter cleared that benchmark Friday, with a jump from 79 to 84 Friday.
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This exclusive rating from Investor's Business Daily measures price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the market's biggest winners tend to have an RS Rating of at least 80 as they begin their biggest climbs.
Badger Meter is trying to complete a consolidation with a 239.10 buy point. See if the stock can clear the breakout price in volume at least 40% above average.
Earnings grew 31% last quarter, up from 24% in the prior report. Revenue also increased, from 12% to 13%.
The company holds the No. 2 rank among its peers in the Machinery-General Industrial industry group. ESCO Technologies 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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