CH Robinson Worldwide had its Relative Strength (RS) Rating upgraded from 80 to 85 Monday.
This proprietary rating tracks market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the last 52 weeks matches up against other publicly traded companies.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains typically have an 80 or better RS Rating as they launch their biggest price moves.
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CH Robinson Worldwide is working on a consolidation with a 114.82 buy point. See if it can break out in volume at least 40% higher than normal.
In terms of top and bottom line numbers, the company has posted rising EPS growth over the last four quarters. Sales growth has been less impressive, coming in at -1% last quarter.
CH Robinson Worldwide holds the No. 2 rank among its peers in the Transportation-Logistics industry group. Expeditors Intl of Wash is the No. 1-ranked stock within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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