When building your watch list, look for stocks with an 80 or higher RS Rating. DaVita now meets that criteria, with a jump from 80 to 84 Tuesday.
This exclusive rating from Investor's Business Daily tracks price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the best-performing stocks typically have an 80 or better RS Rating as they launch their biggest runs.
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DaVita is trying to complete a flat base with a 169.51 entry. See if the stock can break out in heavy trade.
DaVita showed -12% EPS growth last quarter, while sales growth came in at 5%.
The company earns the No. 8 rank among its peers in the Medical-Outpatient/Home Care industry group. Addus HomeCare, Encompass Health and BrightSpring Hlth Svcs are among the top 5 highly rated stocks within the group.
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