Embraer ADR had its Relative Strength (RS) Rating upgraded from 90 to 93 Friday.
This unique rating tracks technical performance by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
History reveals that the stocks that go on to make the biggest gains tend to have an RS Rating of above 80 at the beginning of a new run.
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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 is able to offer and clear an appropriate buy point.
Embraer ADR saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 38% to 567%. Revenue rose from 16% to 32%.
Embraer ADR holds the No. 3 rank among its peers in the Aerospace/Defense industry group. Howmet Aerospace is the top-ranked stock within the group.
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