The Relative Strength (RS) Rating for Johnson Controls Intl entered a new percentile Wednesday, with an increase from 77 to 81.
Hone Your Stock-Picking Skills By Focusing On These Factors
IBD's unique rating tracks market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the top-performing stocks often have an RS Rating of above 80 in the early stages of their moves.
Johnson Controls Intl is working on a consolidation with a 91.14 buy point. See if the stock can break out in heavy trading.
Earnings growth rose in the company's most recent report from 22% to 39%, but the top line fell from 7% to 4%. The next quarterly results are expected on or around May 7.
The company holds the No. 5 rank among its peers in the Diversified Operations industry group. Roper Technologies is the No. 1-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.
RELATED:
Stocks With Rising Relative Strength Ratings
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
