One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Trinity Industries just hit that mark, with a jump from 76 to 84 Thursday.
This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains typically have an RS Rating north of 80 as they begin their biggest runs.
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Trinity Industries is not currently showing a potential buy point. See if the stock goes on to build a base that could kick off a new price move.
The company showed 65% EPS growth in its most recent report, while sales growth came in at -3%.
The company earns the No. 2 rank among its peers in the Transportation-Equipment Manufacturing industry group. Wabtec is the No. 1-ranked stock within the group.
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