Mondelez International stock saw a welcome improvement to its Relative Strength (RS) Rating on Monday, with an increase from 70 to 77.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the best-performing stocks often have an RS Rating north of 80 in the early stages of their moves. See if Mondelez International stock can continue to rebound 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 heavy trading. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
Earnings-per-share growth decreased last quarter from 6% to 3%, but sales rose from 8% to 14%.
Mondelez International stock holds the No. 3 rank among its peers in the Food-Confectionery industry group. Tootsie Roll Indus and Mondelez International are also among the group's highest-rated stocks.