In a welcome move, Vertiv Holdings stock saw its Relative Strength Rating improve from 65 to 71 on Wednesday.
When you're researching the best stocks to buy and watch, keep a close on eye on relative price strength.
This proprietary rating identifies market leadership by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
Decades of market research reveals that the stocks that go on to make the biggest gains often have an RS Rating north of 80 in the early stages of their moves. See if Vertiv Holdings can continue to rebound and hit that benchmark.
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Is Vertiv Holdings Stock A Buy?
Vertiv Holdings stock recently dipped below its 50-day moving average amid the recent stock market selloff. While it's not currently an ideal time to jump in, see if the stock manages to establish and enter a buy zone in heavy trade. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
Top and bottom line growth moved higher in the company's most recent quarter. Earnings were up 15%, compared to -68% in the prior report. Revenue increased from 11% to 21%.
Vertiv Holdings stock earns the No. 14 rank among its peers in the Electrical Power/Equipment industry group. Allied Motion Techs and Hubbell are also among the group's highest-rated stocks.
