On Thursday, Teradyne stock received a positive adjustment to its Relative Strength (RS) Rating, from 71 to 82.
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 last 52 weeks compares to all the other stocks in our database.
Decades of market research reveals that the top-performing stocks often have an RS Rating of above 80 in the early stages of their moves.
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Is Teradyne Stock A Buy?
Teradyne stock is building a consolidation with a 163.21 entry. See if the semiconductor stock can clear the breakout price in volume at least 40% above average.
In terms of fundamental health, Teradyne has posted five quarters of rising earnings growth. Revenue gains have also risen during the same period.
Teradyne stock earns the No. 4 rank among its peers in the Electronics-Semiconductor Equipment industry group. Nova is the top-ranked stock within the group.