The Relative Strength ( RS ) Rating for Iron Mountain ( IRM ) climbed into a higher percentile Tuesday, as it got a lift from 68 to 72.
[ibd-display-video id=2385970 width=50 float=left autostart=true] IBD's unique RS Rating tracks market leadership by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
History shows that the best-performing stocks tend to have an RS Rating of above 80 as they launch their biggest runs. See if Iron Mountain can continue to show renewed price strength and hit that benchmark.
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While Iron Mountain is not near a proper buying range right now, see if it manages to form and break out from a proper consolidation.
Iron Mountain reported 15% EPS growth in the latest quarterly report. Sales gains came in at 2%.
The company earns the No. 2 rank among its peers in the Commercial Services-Document Management industry group. Cimpress ( CMPR ) 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.
