Charles Schwab saw a positive improvement to its Relative Strength (RS) Rating on Tuesday, with an upgrade from 65 to 75.
This exclusive rating from Investor's Business Daily identifies share price action 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 best stocks tend to have an RS Rating of at least 80 as they begin their largest runs. See if Charles Schwab can continue to rebound and clear that threshold.
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While Charles Schwab is not near a proper entry right now, see if it goes on to form and break out from a proper base.
Taking a look at top and bottom line numbers, the company has posted four quarters of accelerating earnings growth. Revenue growth has also moved higher over the same time frame. The company is expected to release its next quarterly numbers on or around Apr. 17.
The company holds the No. 11 rank among its peers in the Finance-Investment Banking/Brokers industry group. Futu Holdings ADR, StoneX Group and LPL Financial Holdings 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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