In a welcome move, RBC Bearings saw its Relative Strength Rating rise from 68 to 71 on Friday.
This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the last 52 weeks compares to all the other stocks in our database.
Over 100 years of market history reveals that the best-performing stocks typically have an RS Rating of above 80 as they launch their biggest climbs. See if RBC Bearings can continue to show renewed price strength and clear that threshold.
When To Sell Stocks To Lock In Profits And Minimize Losses
RBC Bearings is not currently showing a potential buy point. See if the stock goes on to form a sound pattern that could launch a new move.
The company showed 6% earnings growth in its most recent report. Sales increased 3%.
The company earns the No. 5 rank among its peers in the Metal-Fabricators industry group. Mueller Industries is the top-ranked stock within the group.
RELATED:
IBD Stock Rating Upgrades: Rising Relative Strength
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
