Teradyne stock had its Relative Strength (RS) Rating upgraded from 68 to 79 Tuesday — a welcome improvement, but still shy of the 80 or better score you prefer to see.
IBD's proprietary rating tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
Decades of market research shows that the best stocks often have an 80 or higher RS Rating as they launch their largest price moves. See if Teradyne stock can continue to show renewed price strength and hit that benchmark.
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Is Teradyne Stock A Buy?
Teradyne stock is trying to complete a cup without handle with a 163.21 buy point. See if the chip stock can break out in heavy volume. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
While the company's top line growth fell last quarter from 7% to 5%, EPS grew 13%, up from 9% in the prior report. The company is expected to report its latest numbers on or around Jan. 22.
Teradyne stock holds the No. 4 rank among its peers in the Electronics-Semiconductor Equipment industry group. Nova is the top-ranked stock within the group.
