In a welcome move, Factset Research Systems saw its Relative Strength Rating rise from 70 to 74 on Monday.
As you try to find the best stocks to buy and watch, keep a close on eye on relative price strength.
IBD's unique RS Rating identifies technical performance by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
History reveals that the top-performing stocks tend to have an RS Rating north of 80 as they begin their largest climbs. See if Factset Research Systems can continue to show renewed price strength and clear that threshold.
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Factset Research Systems is building a consolidation with a 363.74 entry. See if it can clear the breakout price in volume at least 40% above average.
Earnings grew 10% last quarter, up from 9% in the prior report. Revenue also increased, from 3% to 5%.
Factset Research Systems earns the No. 5 rank among its peers in the Commercial Services-Market Research industry group. Morningstar is the top-ranked stock within the group.
