On Monday, Brookfield got an upgrade to its Relative Strength (RS) Rating, from 68 to 74.
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This unique 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.
Over 100 years of market history reveals that the top-performing stocks typically have an RS Rating north of 80 as they launch their largest runs. See if Brookfield can continue to rebound and hit that benchmark.
Brookfield is building a consolidation with a 62.78 buy point. See if it can clear the breakout price in volume at least 40% higher than normal.
While sales growth fell last quarter from -16% to -21%, earnings-per-share grew 22%, up from 15% in the prior report. Look for the next report on or around May 8.
Brookfield earns the No. 84 rank among its peers in the Finance-Investment Management industry group. Acadian Asset Management, Sprott and P10 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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