Charles Schwab saw a welcome improvement to its Relative Strength (RS) Rating on Thursday, rising from 70 to 76.
This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the market's biggest winners tend to have an RS Rating north of 80 as they begin their biggest climbs. See if Charles Schwab can continue to show renewed price strength and hit that benchmark.
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Charles Schwab is not currently near a potential buying area. See if the stock goes on to build a sound pattern that could ignite a new run.
In terms of top and bottom line numbers, the company has posted four quarters of increasing earnings growth. Sales gains have also increased over the same time frame.
Charles Schwab earns the No. 18 rank among its peers in the Finance-Investment Banking/Brokers industry group. Futu Holdings ADR, LPL Financial Holdings and Interactive Brokers are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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