Flavors & Fragrance (IFF) had its Relative Strength (RS) Rating upgraded from 65 to 71 Thursday -- a welcome improvement, but still short of the 80 or better score you look for.
IBD's unique rating tracks market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the last 52 weeks compares to all the other stocks in our database.
Decades of market research reveals that the market's biggest winners often have an RS Rating of at least 80 in the early stages of their moves. See if Flavors & Fragrance can continue to rebound and clear that threshold.
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Flavors & Fragrance has moved more than 5% past a 140.54 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.
Top and bottom line growth moved higher last quarter. Earnings were up 10%, compared to 2% in the prior report. Revenue increased from 6% to 12%. Look for the next report on or around Feb. 15.
The company earns the No. 3 rank among its peers in the Cosmetics/Personal Care industry group. Estee Lauder (EL) is the top-ranked stock within the group.
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