Adtalem Global Education had its Relative Strength (RS) Rating upgraded from 87 to 91 Thursday.
IBD's unique rating identifies market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the top-performing stocks tend to have an RS Rating north of 80 as they launch their largest price moves.
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Adtalem Global Education is within a buy zone after climbing above an 80.18 buy point in a consolidation. Once a stock moves 5% or higher beyond the initial entry, it's considered extended and out of buy range.
Adtalem Global Education saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 33% to 39%. Revenue rose from 12% to 13%.
The company earns the No. 2 rank among its peers in the Consumer Services-Education industry group. Stride is the No. 1-ranked stock within the group.
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