In a welcome move, Charter Communications saw its Relative Strength Rating improve from 70 to 73 on Thursday.
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.
Decades of market research shows that the stocks that go on to make the biggest gains typically have an RS Rating of above 80 as they launch their biggest climbs. See if Charter Communications can continue to show renewed price strength and hit that benchmark.
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Charter Communications is trying to complete a consolidation with a 415.27 buy point. See if the stock can clear the breakout price in volume at least 40% above average.
Charter Communications showed 43% EPS growth last quarter. Revenue rose 2%.
Charter Communications holds the No. 2 rank among its peers in the Telecom Servics-Integrated industry group. IDT Corp B is the No. 1-ranked stock within the group.
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