Vertiv Holdings stock had its Relative Strength (RS) Rating upgraded from 70 to 74 Wednesday -- a welcome improvement, but still shy of the 80 or higher score you prefer to see.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
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.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains tend to have an 80 or better RS Rating in the early stages of their moves. See if Vertiv Holdings stock can continue to show renewed price strength and clear that threshold.
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Is Vertiv Holdings Stock A Buy?
Vertiv Holdings stock recently dipped below its 200-day moving average and is not near an ideal buy zone right now, see if it is able to form and break out from a proper consolidation. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
Earnings growth rose last quarter from 15% to 600%. But sales fell from 21% to 17%. Keep an eye out for the company's next round of numbers on or around Apr. 26.
Vertiv Holdings stock earns the No. 14 rank among its peers in the Electrical Power/Equipment industry group. Powell Industries and nVent Electric are also among the group's highest-rated stocks.
