Regal-Beloit Looks Promising: How to Play It These under-the-radar shares have more than doubled over the past 12 months. Stocks quotes in this article: RBC
The fast-paced Lightning Round segment on
Mad Money is a viewer favorite. This is when callers can quiz host Jim Cramer about individual stocks they are interested in. On Wednesday evening one caller asked about Regal-Beloit Corp. (RBC) . This company is fantastic and I don t talk about it enough. The company is a leading manufacturer of electric motors, electrical motion controls, power generation and transmission products.
Let s check out the charts and technical indicators.
In the daily bar chart of RBC, below, we can see that the shares have more than doubled over the past 12 months. RBC is trading above the rising 50-day moving average line and the line has been tested successfully several times over the past three months. The slower-to-react 200-day moving average line has d
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