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Ingredion Sees IBD RS Rating Climb To 74


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On Tuesday, Ingredion ( INGR ) earned a positive adjustment to its Relative Strength ( RS ) Rating , from 69 to 74.

[ibd-display-video id=2881825 width=50 float=left autostart=true] IBD's unique rating identifies price performance with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.

Decades of market research reveals that the best-performing stocks tend to have an RS Rating of over 80 in the early stages of their moves. See if Ingredion can continue to show renewed price strength and hit that benchmark.

See How IBD Helps You Make More Money In Stocks

Ingredion is working on a cup without handle with a 140.10 entry . See if the stock can clear the breakout price in heavy trade.

In terms of top and bottom line numbers, Ingredion has posted rising EPS growth over the last two quarters. Top line growth has been a different story, coming in at 0% in the latest report.

The company earns the No. 2 rank among its peers in the Food-Grain & Related industry group. MGP Ingredients ( MGPI ) is the top-ranked stock within the group.

RELATED:

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Why Should You Use IBD's Relative Strength Rating?

How Relative Strength Line Can Help You Judge A Stock



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



This article appears in: Investing , Stocks
Referenced Symbols: INGR , RS , MGPI


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