In a welcome move, CF Industries Holdings saw its Relative Strength Rating rise from 68 to 74 on Tuesday.
This unique rating measures technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the trailing 52 weeks stacks up against all the other stocks in our database.
Decades of market research reveals that the market's biggest winners typically have an 80 or better RS Rating as they launch their largest climbs. See if CF Industries Holdings can continue to show renewed price strength and hit that benchmark.
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Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock manages to establish and enter a buy zone in heavy trade.
Regarding top and bottom line numbers, CF Industries Holdings has posted three quarters of increasing earnings growth. Sales growth has also risen over the same time frame.
CF Industries Holdings holds the No. 2 rank among its peers in the Chemicals-Agriculture industry group. Scotts Miracle-Gro is the top-ranked stock within the group.
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