Booz Allen Hamilton Hldg saw a welcome improvement to its Relative Strength (RS) Rating on Monday, rising from 80 to 90.
IBD's unique rating measures share price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks compares to all the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners tend to have an RS Rating north of 80 in the early stages of their moves.
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Booz Allen Hamilton Hldg has moved more than 5% past a 164.43 entry in a first-stage consolidation, meaning it's now out of a proper buy range. Look for the stock to create a new buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week moving average.
Top and bottom line growth moved higher in the company's most recent quarter. Earnings were up 40%, compared to -6% in the prior report. Revenue increased from 11% to 18%.
The company holds the No. 1 rank among its peers in the Commercial Services-Consulting industry group. CRA International and Leidos Holdings are also among the group's highest-rated stocks.
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