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Mckesson Shows Rising Price Performance With Jump To 82 RS Rating

On Wednesday, Mckesson (MCK) received an upgrade to its Relative Strength (RS) Rating, from 79 to 82.

When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.

IBD’s unique RS Rating identifies market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock’s price performance over the last 52 weeks matches up against other publicly traded companies.

History reveals that the best-performing stocks typically have an RS Rating of over 80 in the early stages of their moves.


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Mckesson has moved more than 5% past a 209.79 entry in a first-stage flat base, meaning it’s now out of a proper buy zone. Look for the stock to create a new buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.

Mckesson reported 28% EPS growth in the latest quarterly report. Sales increased 9%.

The company holds the No. 1 rank among its peers in the Medical-Wholesale Drugs industry group.

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