Thomson Reuters saw a welcome improvement to its Relative Strength (RS) Rating on Monday, with an increase from 70 to 73.
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains tend to have an RS Rating north of 80 in the early stages of their moves. See if Thomson Reuters can continue to rebound and hit that benchmark.
How To Invest In Stocks In Both Bull And Bear Markets
Thomson Reuters is still inside a buy zone after moving past a 176.03 buy point in a flat base. The proper buying range is up to 5% above the initial entry. Once a stock hits that benchmark, it's best to wait for it to set up another buying opportunity..
Earnings growth increased in the company's latest report from -2% to 3%, but revenue fell from 8% to 5%.
The company earns the No. 4 rank among its peers in the Commercial Services-Market Research industry group. Moody's is the No. 1-ranked stock within the group.
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