On Friday, XPO stock received a positive adjustment to its Relative Strength (RS) Rating, from 69 to 80.
This exclusive rating from Investor's Business Daily identifies price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the last 52 weeks compares to all the other stocks in our database.
Over 100 years of market history shows that the top-performing stocks typically have an RS Rating of above 80 as they begin their biggest runs.
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Is XPO Stock A Buy?
XPO stock is building a cup without handle with a 161.00 buy point. See if the transportation stock can break out in heavy trading. Keep in mind that it's a later-stage consolidation, and those entail more risk.
The freight transportation firm posted 16% EPS growth in the latest quarterly report, while sales growth came in at -1%.
XPO stock holds the No. 1 rank among its peers in the Transportation-Logistics industry group. CH Robinson Worldwide and ZTO Express (Cayman) ADR are also among the group's highest-rated stocks.
