The Relative Strength (RS) Rating for Brookfield Infrastructure climbed into a higher percentile Wednesday, as it got a lift from 69 to 75.
IBD's unique rating measures market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks compares to all the other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains tend to have an 80 or higher RS Rating in the early stages of their moves. See if Brookfield Infrastructure can continue to rebound and clear that threshold.
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Brookfield Infrastructure is trying to complete a consolidation with a 45.29 buy point. See if it can clear the breakout price in heavy trade.
The company showed 0% EPS growth in the latest quarterly report. Revenue rose 66%. The company is expected to report its latest performance numbers on or around Jan. 30.
The company holds the No. 67 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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