Woodward saw a positive improvement to its Relative Strength (RS) Rating on Friday, with an increase from 65 to 73.
This exclusive rating from Investor's Business Daily measures 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.
Decades of market research reveals that the market's biggest winners tend to have an 80 or higher RS Rating as they launch their largest climbs. See if Woodward can continue to rebound and clear that threshold.
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Woodward is not currently showing a potential entry point. See if the stock goes on to form a chart pattern that could kick off a new climb.
Earnings growth slowed last quarter from 19% to 6%. But revenue gains moved higher, from 6% to 10%.
The company holds the No. 13 rank among its peers in the Aerospace/Defense industry group. Howmet Aerospace, Espey Mfg & Elec and Embraer ADR are among the top 5 highly rated stocks within the group.
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