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Darling Ingredients Shows Market Leadership With Jump To 82 RS Rating

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One important metric to look for in a stock is an 80 or higher Relative Strength Rating . Darling Ingredients ( DAR ) now clears that threshold, with a jump from 79 to 82 Friday.

[ibd-display-video id=2102289 width=50 float=left autostart=true] This proprietary rating tracks market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the last 52 weeks matches up against other publicly traded companies.

History reveals that the best-performing stocks typically have an RS Rating of at least 80 in the early stages of their moves.

See How IBD Helps You Make More Money In Stocks

While Darling Ingredients is not near a proper buy point right now, see if it manages to form and break out from a proper base .

Earnings grew -71% last quarter, up from -74% in the prior report. Revenue also increased, from 2% to 10%.

The company earns the No. 5 rank among its peers in the Agricultural Operations industry group. Cosan ( CZZ ) is the No. 1-ranked stock 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.

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