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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

Wesco International Earns RS Rating Upgrade

Wesco International had its Relative Strength (RS) Rating upgraded from 69 to 72 Tuesday — a welcome improvement, but still short of the 80 or better score you look for.

This proprietary rating measures technical performance 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 shows that the best stocks tend to have an RS Rating of over 80 as they launch their biggest runs. See if Wesco International can continue to rebound and hit that benchmark.

Can You Really Time The Stock Market?

Wesco International is not currently near a potential buying area. See if the stock goes on to build a base that could launch a new move.

Earnings-per-share growth declined last quarter from -13% to -20%, but the top line rose from -5% to -3%.

Wesco International holds the No. 6 rank among its peers in the Electronics-Parts industry group. Amphenol Cl A, Coherent and Bel Fuse Cl B are among the top 5 highly rated stocks within the group.

RELATED:

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How Relative Strength Line Can Help You Judge A Stock

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