Aerojet Rocketdyne ( AJRD ) saw a welcome improvement to its Relative Strength ( RS ) Rating on Wednesday, rising from 89 to 92.
[ibd-display-video id=2881825 width=50 float=left autostart=true] This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks compares to all the other stocks in our database.
Decades of market research reveals that the market's biggest winners typically have an RS Rating of over 80 at the beginning of a new run.
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Aerojet Rocketdyne is trying to complete a consolidation with a 36.35 entry . See if it can clear the breakout price in volume at least 40% above average.
Aerojet Rocketdyne posted 200% EPS growth in the latest quarterly report. Revenue rose 4%.
Aerojet Rocketdyne holds the No. 18 rank among its peers in the Aerospace/Defense industry group. Teledyne Technologies ( TDY ), Heico ( HEI ) and Heico (HEIA) 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.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
