On Wednesday, Federated Hermes got a positive adjustment to its Relative Strength (RS) Rating, from 69 to 73.
IBD's proprietary rating 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.
Decades of market research reveals that the market's biggest winners often have an RS Rating of over 80 in the early stages of their moves. See if Federated Hermes can continue to rebound and hit that benchmark.
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Federated Hermes is trying to complete a flat base with a 43.92 buy point. See if it can clear the breakout price in heavy volume.
Earnings-per-share growth declined in the company's most recent report from 23% to 8%, but sales rose from 1% to 8%.
Federated Hermes holds the No. 32 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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