On Thursday, TransDigm Group received a positive adjustment to its Relative Strength (RS) Rating, from 79 to 84.
Hone Your Stock-Picking Skills By Focusing On These Factors
This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the top-performing stocks typically have an RS Rating of at least 80 as they launch their biggest climbs.
TransDigm Group is building a consolidation with a 1,424.68 entry. See if it can clear the breakout price in heavy trade. Keep in mind that it's a later-stage consolidation, and those are riskier than earlier-stage patterns.
TransDigm Group posted 9% EPS growth in the latest quarterly report. Sales rose 12%. The next quarterly numbers are expected on or around May 13.
TransDigm Group holds the No. 19 rank among its peers in the Aerospace/Defense industry group. Elbit Systems, Espey Mfg & Elec and Heico 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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