Brookfield Infrastructure saw a positive improvement to its Relative Strength (RS) Rating on Friday, rising from 70 to 73.
This unique rating measures technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the trailing 52 weeks matched up against all other stocks.
Decades of market research reveals that the stocks that go on to make the biggest gains typically have an 80 or higher RS Rating in the early stages of their moves. See if Brookfield Infrastructure can continue to rebound and hit that benchmark.
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While Brookfield Infrastructure is not near an ideal buy point right now, see if it manages to form and break out from a proper base.
Brookfield Infrastructure reported 0% EPS growth in its most recent report. Sales rose 66%. Keep an eye out for the company's next round of numbers on or around Jan. 30.
The company earns the No. 73 rank among its peers in the Finance-Investment Management industry group. Blue Owl Capital, P10 and KKR are among the top 5 highly rated stocks within the group.
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