Stocks With Rising Relative Strength: Kapstone Paper & Packaging

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The Relative Strength ( RS ) Rating for Kapstone Paper & Packaging ( KS ) moved into a new percentile Thursday, as it got a lift from 65 to 73.

[ibd-display-video id=2102289 width=50 float=left autostart=true] This unique rating measures market leadership by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.

History shows that the best stocks often have an RS Rating of over 80 in the early stages of their moves. See if Kapstone Paper & Packaging can continue to rebound and hit that benchmark.

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Kapstone Paper & Packaging is within a buy zone after moving past a 25.08 buy point in a consolidation . The proper buying range is up to 5% above the initial entry. Once a stock moves above that range, it's best to hold off investing and wait for it to set up another buying opportunity..

In terms of top and bottom line numbers, the company has posted rising EPS growth in each of the last two reports. Revenue gains have also moved higher over the same time frame. The company is expected to report its next quarterly numbers on or around Feb. 8.

Kapstone Paper & Packaging earns the No. 10 rank among its peers in the Paper & Paper Production industry group. Packaging Corporation Of America ( PKG ), Albany International ( AIN ) and Schweitzer Mauduit International ( SWM ) are among the top 5 highly rated stocks within the group.


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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: RS , PKG , AIN , SWM

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