When building your watch list, look for stocks with an 80 or higher RS Rating. L3Harris Technologies (LHX) is one stock that just reached the mark, now earning a score of 82.
↑ XIBD's proprietary rating tracks price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research shows that the top-performing stocks often have an RS Rating of above 80 in the early stages of their moves.
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L3Harris Technologies is still inside a buy range after climbing above a 245.59 entry in a flat base. Once a stock moves 5% or higher beyond the initial entry, it's considered out of buy range.
The company showed 5% EPS growth last quarter, while sales growth came in at 8%.
The company earns the No. 20 rank among its peers in the Aerospace/Defense industry group. Heico Cl A (HEIA), M-tron Industries (MPTI) and Heico Corp (HEI) are among the top 5 highly rated stocks within the group.
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