XPO had its Relative Strength (RS) Rating upgraded from 85 to 91 Thursday.
IBD's proprietary rating tracks market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the best-performing stocks often have an 80 or higher RS Rating at the beginning of a new price run.
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XPO is still within a buying range after clearing a 130.51 entry in a consolidation. Once a stock moves 5% or higher beyond the initial entry, it's considered extended and out of buy range.
The company showed 16% earnings growth last quarter. Revenue rose 4%.
XPO earns the No. 2 rank among its peers in the Transportation-Logistics industry group. ZTO Express (Cayman) ADR is the No. 1-ranked stock within the group.
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