CF Industries Holdings had its Relative Strength (RS) Rating upgraded from 67 to 73 Thursday — a welcome improvement, but still short of the 80 or better score you look for.
IBD's proprietary RS Rating tracks market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the trailing 52 weeks compares to other publicly traded companies.
History shows that the top-performing stocks tend to have an 80 or better RS Rating as they launch their largest climbs. See if CF Industries Holdings can continue to rebound and clear that threshold.
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CF Industries Holdings is building a cup without handle with a 90.86 entry. See if the stock can clear the breakout price in volume at least 40% above average.
In terms of top and bottom line numbers, the company has posted rising EPS growth in each of the last three reports. Sales gains have also risen during the same period.
CF Industries Holdings earns the No. 1 rank among its peers in the Chemicals-Agriculture industry group. CVR Partners and Scotts Miracle-Gro are also among the group's highest-rated stocks.
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