IBD Rating Upgrades: TransDigm Group Flashes Improved Price Strength

On Wednesday, TransDigm Group (TDG) earned an upgrade to its Relative Strength (RS) Rating, from 70 to 73.

When you’re researching the best stocks to buy and watch, keep a close on eye on relative price strength.

This proprietary rating measures market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock’s price performance over the last 52 weeks compares to the rest of the market.

Over 100 years of market history reveals that the best-performing stocks often have an 80 or better RS Rating as they begin their biggest climbs. See if TransDigm Group can continue to show renewed price strength and hit that benchmark.

See How IBD Helps You Make More Money In Stocks

While TransDigm Group is not near a proper buy point right now, see if it is able to form and break out of a proper base.

Earnings growth decreased in the company’s most recent report from 46% to 29%, but the top line rose from 15% to 18%.

The company earns the No. 12 rank among its peers in the Aerospace/Defense industry group. Moog B (MOGB) and Ducommun (DCO) are also among the group’s highest-rated stocks.


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