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Sony Shows Market Leadership With Jump To 86 RS Rating

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When putting together your watch list, look for stocks with an 80 or higher RS Rating . Sony ( SNE ) just met that criteria with a new score of 86.

[ibd-display-video id=2368044 width=50 float=left autostart=true] This exclusive rating from Investor's Business Daily tracks 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 shows that the market's biggest winners often have an RS Rating of at least 80 as they begin their biggest price moves.

See How IBD Helps You Make More Money In Stocks

Sony is trading within a buy range after climbing above a 41.75 buy point in a flat base . The proper buying range is up to 5% above the initial entry. Once a stock moves above that range, it's best to wait for it to set up another buying opportunity.

The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 250% to 2,150%. Revenue rose from 5% to 10%.

The company earns the No. 4 rank among its peers in the Media-Diversified industry group. Sony ( SNE ) is the top-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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