On Monday, News Corp Cl B received an upgrade to its Relative Strength (RS) Rating, from 79 to 82.
This unique rating identifies market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the trailing 52 weeks matches up against that of all other stocks.
Decades of market research reveals that the best-performing stocks tend to have an 80 or better RS Rating as they begin their biggest price moves.
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News Corp Cl B is not currently offering a proper buying opportunity. See if the stock goes on to build a chart pattern that could launch a new move.
EPS growth fell last quarter from 33% to 22%, but the top line rose from 3% to 5%.
The company earns the No. 1 rank among its peers in the Media-Newspapers industry group. News Corp Cl A and New York Times are also among the group's highest-rated stocks.
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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