The Relative Strength (RS) Rating for News Corp Cl A (NWSA) jumped into a higher percentile Wednesday, as it got a lift from 67 to 73.
↑ XThis exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
Decades of market research shows that the stocks that go on to make the biggest gains typically have an 80 or higher RS Rating in the early stages of their moves. See if News Corp Cl A can continue to rebound and clear that threshold.
When To Sell Stocks To Lock In Profits And Minimize Losses
News Corp Cl A is trading within a buy zone after climbing above a 28.62 entry 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 hold off investing and wait for it to set up another buying opportunity..
Earnings growth rose last quarter from 21% to 31%. But sales fell from 6% to 3%.
News Corp Cl A holds the No. 3 rank among its peers in the Media-Newspapers industry group. Daily Journal (DJCO) is the No. 1-ranked stock within the group.
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