AMN Healthcare Services stock had its Relative Strength (RS) Rating upgraded from 76 to 87 Wednesday.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
This proprietary rating tracks market leadership by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
Over 100 years of market history shows that the market's biggest winners typically have an RS Rating of over 80 in the early stages of their moves.
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Is AMN Healthcare Services Stock A Buy?
AMN Healthcare Services stock, which is on both the IBD 50 and IBD Sector Leaders screens, is building a cup without handle with a 125.04 buy point. See if it can clear the breakout price in heavy volume.
The healthcare staffing firm showed 102% earnings growth in its most recent report. Revenue increased 66%. The next quarterly results are expected on or around Nov. 4.
AMN Healthcare Services stock earns the No. 2 rank among its peers in the Commercial Services-Staffing industry group. AMN Healthcare Services and Hudson Global are also among the group's highest-rated stocks.
