Trimble had its Relative Strength (RS) Rating upgraded from 80 to 83 Monday.
This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the trailing 52 weeks stacks up against all the other stocks in our database.
History shows that the stocks that go on to make the biggest gains typically have an 80 or higher RS Rating in the early stages of their moves.
Risk Management In The Stock Market: How Much Money To Invest Now
Trimble is building a flat base with a 77.78 buy point. See if the stock can clear the breakout price in volume at least 40% higher than normal.
In terms of fundamentals, the company has posted rising EPS growth over the last three quarters. Sales growth has also risen during the same period.
The company earns the No. 4 rank among its peers in the Electronics-Miscellaneous Products industry group. InterDigital 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:
Which Stocks Are Showing Rising Relative Strength?
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!
