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Stocks Showing Improving Market Leadership: Northrop Grumman Earns 81 RS Rating

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The Relative Strength ( RS ) Rating for Northrop Grumman ( NOC ) entered a new percentile Friday, with a rise from 72 to 81.

[ibd-display-video id=2368044 width=50 float=left autostart=true] This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the trailing 52 weeks holds up against all the other stocks in our database.

Decades of market research shows that the best stocks typically have an RS Rating of over 80 as they begin their biggest climbs.

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Northrop Grumman has moved more than 5% past a 274.71 entry in a first-stage flat base , meaning it's now out of a proper buy range. Look for the stock to create a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week moving average.

Northrop Grumman reported -5% earnings growth last quarter. Sales increased 4%.

Northrop Grumman holds the No. 14 rank among its peers in the Aerospace/Defense industry group. Heico ( HEI ), Teledyne Technologies ( TDY ) 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.

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