OSI Systems Stock Earns 83 RS Rating Upgrade

OSI Systems (OSIS) stock saw a welcome improvement to its Relative Strength (RS) Rating on Friday, with an increase from 78 to 83.

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IBD’s unique rating tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock’s price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.

Over 100 years of market history shows that the best-performing stocks tend to have an RS Rating of over 80 as they launch their biggest climbs.

Is OSI Systems Stock A Buy?

OSI Systems stock is currently trading near the top of a consolidation and not currently showing a potential entry point yet. See if the stock goes on to build a base that could launch a new move.

The specialize maker of electronics systems and components reported 7% EPS growth in the latest quarterly report. Sales rose 11%.

OSI Systems stock holds the No. 26 rank among its peers in the Aerospace/Defense industry group. Heico (HEI), Heico Cl A (HEIA) and Howmet Aerospace (HWM) are among the top 5 highly rated stocks within the group. For more industry news, check out “Defense And Aerospace Stocks To Watch And Industry News.”

This article was created automatically with Stats Perform’s Wordsmith software using data and article templates supplied by Investor’s Business Daily. An IBD journalist may have edited the article.

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