Trimble saw a welcome improvement to its Relative Strength (RS) Rating on Monday, rising from 79 to 84.
IBD's proprietary rating tracks share price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the best stocks typically have an 80 or better RS Rating in the early stages of their moves.
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Trimble is working on a consolidation with a 77.78 buy point. See if it can break out in heavy trade.
In terms of revenue and profits, the company has posted rising EPS growth in each of the last three reports. Sales gains have also moved higher during the same period.
Trimble holds the No. 4 rank among its peers in the Electronics-Miscellaneous Products industry group. Corning is the top-ranked stock 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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