TELUS Corp. had its Relative Strength (RS) Rating upgraded from 64 to 71 Thursday — a welcome improvement, but still below the 80 or better score you prefer to see.
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This exclusive rating from Investor's Business Daily tracks share price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks compares to all the other stocks in our database.
Decades of market research reveals that the market's biggest winners typically have an RS Rating north of 80 in the early stages of their moves. See if TELUS Corp. can continue to rebound and clear that threshold.
TELUS Corp. is not currently showing a potential entry point. See if the stock goes on to build a base that could ignite a new run.
Earnings growth dropped in the most recent report from 12% to 4%. But revenue gains moved higher, from 2% to 4%. Keep an eye out for the company's next round of numbers on or around May 9.
TELUS Corp. holds the No. 10 rank among its peers in the Telecom Services-Foreign industry group. Millicom Intl Cellular, KT ADR and VEON ADR are among the top 5 highly rated stocks within the group.
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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