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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

CoStar Group Clears Key Benchmark, Hitting 80-Plus RS Rating

CoStar Group had its Relative Strength (RS) Rating upgraded from 75 to 84 Thursday.

This proprietary rating measures technical performance by showing how a stock's price movement over the last 52 weeks compares to that of 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 RS Rating of at least 80 in the early stages of their moves.

Risk Management In The Stock Market: How Much Money To Invest Now

CoStar Group is working on a consolidation with a 100.38 entry. See if it can break out in heavy volume.

CoStar Group showed -55% EPS growth in the latest quarterly report. Sales gains came in at 11%. The next quarterly numbers are expected on or around Apr. 29.

The company earns the No. 8 rank among its peers in the Commercial Services-Market Research industry group. Verisk Analytics, Thomson Reuters and S&P Global 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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