Warner Bros. Discovery A saw a positive improvement to its Relative Strength (RS) Rating on Tuesday, with an upgrade from 89 to 92.
IBD's unique rating measures market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the stocks that go on to make the biggest gains tend to have an RS Rating north of 80 in the early stages of their moves.
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Warner Bros. Discovery A is trying to complete a consolidation with a 12.70 buy point. See if the stock can clear the breakout price in volume at least 40% higher than normal.
The company posted 0% EPS growth in the latest quarterly report, while sales growth came in at -2%. Look for the next report on or around Apr. 29.
Warner Bros. Discovery A holds the No. 7 rank among its peers in the Media-Radio/TV industry group. Sinclair Cl A, TEGNA and Nexstar Media Cl A 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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