On Tuesday, First Advantage received an upgrade to its Relative Strength (RS) Rating, from 66 to 76.
IBD's unique RS Rating tracks technical performance by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
History shows that the stocks that go on to make the biggest gains tend to have an 80 or higher RS Rating as they begin their largest price moves. See if First Advantage can continue to show renewed price strength and clear that threshold.
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First Advantage is building a double bottom with a 20.36 entry. See if the stock can break out in heavy trade.
While the company's top line growth fell last quarter from 0% to -1%, earnings-per-share grew -7%, up from -13% in the previous report. Keep an eye out for the company's next round of numbers on or around Feb. 26.
The company earns the No. 7 rank among its peers in the Commercial Services-Staffing industry group. Upwork, Barrett Business Services and Mastech Digital are among the top 5 highly rated stocks within the group.
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