One important metric to look for in a stock is an 80 or higher Relative Strength Rating. TechnipFMC now clears that threshold, with a jump from 77 to 81 Wednesday.
This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.
History shows that the best stocks often have an 80 or higher RS Rating in the early stages of their moves.
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TechnipFMC is building a consolidation with a 29.85 buy point. See if it can break out in heavy trade.
TechnipFMC posted 205% EPS growth in the latest quarterly report, while sales growth came in at 14%.
The company earns the No. 5 rank among its peers in the Oil & Gas-Machinery/Equipment industry group. Chart Industries is the top-ranked stock within the group.
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