One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Sensient Technologies now clears that threshold, with a jump from 80 to 84 Monday.
IBD's unique rating measures price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the best-performing stocks tend to have an 80 or higher RS Rating in the early stages of their moves.
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Sensient Technologies is working on a consolidation with an 81.85 buy point. See if it can break out in volume at least 40% higher than normal.
The company posted 27% EPS growth in the latest quarterly report. Sales rose 8%. The next quarterly results are expected on or around Apr. 25.
Sensient Technologies earns the No. 4 rank among its peers in the Food-Miscellaneous Preparation industry group. Calavo Growers 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.
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