The Relative Strength (RS) Rating for Mondelez International stock moved into a higher percentile Tuesday, as it got a lift from 61 to 71.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
IBD's proprietary rating identifies share price action with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the market's biggest winners typically have an RS Rating of above 80 in the early stages of their moves. See if Mondelez International stock can continue to show renewed price strength and clear that threshold.
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Is Mondelez International Stock A Buy?
Mondelez International stock is working on a flat base with a 68.91 entry. See if the stock can clear the breakout price in volume at least 40% above average. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
Earnings growth dropped in the most recent report from 6% to 3%. But revenue gains moved higher, from 8% to 14%.
Mondelez International stock earns the No. 4 rank among its peers in the Food-Confectionery industry group. Tootsie Roll Indus and Simply Good Foods are also among the group's highest-rated stocks.
