Waters Corp had its Relative Strength (RS) Rating upgraded from 79 to 83 Tuesday.
This exclusive rating from Investor's Business Daily tracks share price action with a 1 (worst) to 99 (best) score. The score 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 top-performing stocks typically have an RS Rating north of 80 in the early stages of their moves.
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Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock manages to offer and clear a proper buy point.
Regarding top and bottom line numbers, Waters Corp has posted three quarters of increasing earnings growth. Revenue growth has also increased over the same time frame.
Waters Corp holds the No. 5 rank among its peers in the Medical-Systems/Equipment industry group. Intuitive Surgical 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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