In a welcome move, Cintas saw its Relative Strength Rating improve from 68 to 73 on Thursday.
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the trailing 52 weeks compares to all the other stocks in our database.
Over 100 years of market history shows that the best stocks typically have an RS Rating north of 80 in the early stages of their moves. See if Cintas can continue to rebound and hit that benchmark.
How To Invest In Stocks In Both Bull And Bear Markets
Cintas is trying to complete a cup without handle with a 228.12 buy point. See if the stock can clear the breakout price in heavy volume.
Cintas saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 18% to 21%. Revenue rose from 7% to 8%. Look for the next report on or around Mar. 20.
Cintas holds the No. 4 rank among its peers in the Commercial Services-Outsourcing industry group. ExlService Holdings is the top-ranked stock within the group.
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!
