On Monday, before the bell, Northrop Grumman earned a positive adjustment to its Relative Strength (RS) Rating, from 69 to 83.
When you're researching the best stocks to buy and watch, be sure to pay attention to relative price strength.
This exclusive rating from Investor's Business Daily tracks price performance with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the best stocks often have an RS Rating north of 80 in the early stages of their moves.
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Northrop Grumman is working on a consolidation with a 556.27 entry. After a big move up on Friday, it is mostly flat today. See if the stock can break out in volume at least 40% above average. Note also that the next earnings release is in about 10 days.
NOC Earnings
Earnings growth slowed last quarter from 6% to 3%. But revenue gains moved higher, from 6% to 9%. The company is expected to report its latest results on or around Oct. 26.
The company earns the No. 19 rank among its peers in the Aerospace/Defense industry group. Woodward and AAR Corp are also among the group's highest-rated stocks.
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