The Relative Strength (RS) Rating for Bright Horizons stock climbed into a new percentile Tuesday, with a rise from 80 to 84.
When you're researching the best stocks to buy and watch, keep a close on eye on relative price strength.
IBD's unique rating identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research shows that the stocks that go on to make the biggest gains tend to have an RS Rating north of 80 as they begin their biggest runs.
Looking For Winning Stocks? Try This Simple Routine
Is Bright Horizons Stock A Buy?
Bright Horizons stock is trying to complete a consolidation with a 98.87 buy point. See if the stock can break out in volume at least 40% higher than normal. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
Earnings growth picked up last quarter from -10% to 33%. But revenue gains fell from 23% to 20%.
Bright Horizons stock earns the No. 9 rank among its peers in the Consumer Services-Education industry group. Stride and Laureate Education are also among the group's highest-rated stocks.
