On Tuesday, Clear Secure earned a positive adjustment to its Relative Strength (RS) Rating, from 80 to 87.
This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the best stocks typically have an RS Rating of at least 80 as they begin their biggest price moves.
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The IBD 50 stock has moved more than 5% past a 21.88 entry in a first-stage double bottom, 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 line.
While sales growth fell last quarter from 24% to 21%, earnings-per-share grew 435%, up from 43% in the previous report.
The company earns the No. 4 rank among its peers in the Security/Safety industry group. Axon Enterprise is the No. 1-ranked stock 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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