On Wednesday, PPG Industries stock received an upgrade to its Relative Strength (RS) Rating, from 68 to 74.
When looking for the best stocks to buy and watch, keep a close on eye on relative price strength.
IBD's unique RS Rating tracks technical performance by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
Over 100 years of market history reveals that the best stocks typically have an RS Rating north of 80 as they launch their largest price moves. See if PPG Industries stock can continue to rebound and hit that benchmark.
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Is PPG Industries Stock A Buy?
PPG Industries stock is working on a cup without handle with a 152.89 buy point. See if the stock can break out in heavy volume. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
The paint maker showed 25% EPS growth last quarter, while sales growth came in at 4%.
PPG Industries stock earns the No. 2 rank among its peers in the Chemicals-Paints industry group. PPG Industries and RPM International are also among the group's highest-rated stocks.