The Relative Strength (RS) Rating for TE Connectivity stock jumped into a higher percentile Wednesday, as it got a lift from 68 to 72.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
IBD's unique rating measures 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 compares to all the other stocks in our database.
Decades of market research reveals that the best-performing stocks typically have an 80 or higher RS Rating as they begin their largest climbs. See if TE Connectivity stock can continue to rebound and hit that benchmark.
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Is TE Connectivity Stock A Buy?
TE Connectivity is trying to complete a flat base with a 135.15 entry. See if the stock can clear the breakout price in volume at least 40% above average. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
The company showed -13% earnings growth in the latest quarterly report. Sales increased 1%.
TE Connectivity stock holds the No. 14 rank among its peers in the Electronics-Parts industry group. Littelfuse and NVECorp are also among the group's highest-rated stocks.
