On Monday, AllianceBernstein got an upgrade to its Relative Strength (RS) Rating, from 68 to 76.
This exclusive rating from Investor's Business Daily measures share price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database.
History reveals that the stocks that go on to make the biggest gains typically have an RS Rating north of 80 in the early stages of their moves. See if AllianceBernstein can continue to rebound and clear that threshold.
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AllianceBernstein is working on a flat base with a 38.96 buy point. See if it can clear the breakout price in heavy trading.
AllianceBernstein saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 16% to 18%. Revenue rose from 2% to 4%.
The company holds the No. 25 rank among its peers in the Finance-Investment Management industry group. Blue Owl Capital, P10 and Ares Management are among the top 5 highly rated stocks within the group.
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