Philip Morris Intl had its Relative Strength (RS) Rating upgraded from 80 to 84 Thursday.
IBD's unique RS Rating identifies technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the trailing 52 weeks matches up against that of all other stocks.
History shows that the best-performing stocks tend to have an RS Rating north of 80 in the early stages of their moves.
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Philip Morris Intl is building a flat base with a 134.15 entry. See if the stock can break out in heavy volume.
Philip Morris Intl saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -1% to 14%. Revenue rose from 6% to 8%.
The company holds the No. 5 rank among its peers in the Tobacco industry group. Turning Point Brands is the top-ranked stock within the group.
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