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Stock Upgrades: Quidel Shows Rising Relative Strength

Quidel (QDEL) saw a positive improvement to its Relative Strength (RS) Rating on Monday, rising from 62 to 71.




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

This exclusive rating from Investor’s Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock’s price performance over the last 52 weeks compares to all the other stocks in our database.

History shows that the stocks that go on to make the biggest gains often have an 80 or better RS Rating as they begin their biggest price moves. See if Quidel can continue to show renewed price strength and clear that threshold.


See How IBD Helps You Make More Money In Stocks


Quidel is not currently offering a proper buying opportunity. See if the stock goes on to build a base that could launch a new move.

The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -60% to -7%. Revenue rose from -12% to 7%.

Quidel holds the No. 17 rank among its peers in the Medical-Products industry group. Align Technology (ALGN) and Bio Rad Labs (BIOB) are also among the group’s highest-rated stocks.

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