Taro Pharmaceutical Industries Earns RS Rating Upgrade – Investor's Business Daily

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In a welcome move, Taro Pharmaceutical Industries (TARO) saw its Relative Strength Rating improve from 69 to 72 on Monday.

XAutoplay: On | Off This proprietary rating measures technical performance by showing how a stock’s price action over the last 52 weeks compares to that of the other stocks in our database.

Decades of market research reveals that the top-performing stocks often have an 80 or higher RS Rating as they launch their biggest climbs. See if Taro Pharmaceutical Industries can continue to rebound and hit that benchmark.

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Taro Pharmaceutical Industries is not currently offering a proper buying opportunity. See if the stock goes on to form a promising consolidation that could ignite a new run.

Earnings-per-share growth decreased in the company’s latest report from -48% to -57%, but sales rose from -31% to -26%.

Taro Pharmaceutical Industries holds the No. 8 rank among its peers in the Medical-Generic Drugs industry group. ANI Pharmaceuticals (ANIP), Neos Therapeutics (NEOS) and Lannett (LCI) are among the top 5 highly rated stocks within the group.


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