Hercules Capital had its Relative Strength (RS) Rating upgraded from 67 to 75 Monday — a welcome improvement, but still short of the 80 or better score you prefer to see.
This proprietary rating tracks market leadership by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
Decades of market research reveals that the best stocks often have an RS Rating north of 80 in the early stages of their moves. See if Hercules Capital can continue to show renewed price strength and hit that benchmark.
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While it's not currently an ideal time to jump in, see if the stock goes on to offer and clear an appropriate buy point.
Earnings growth moved up last quarter from -4% to -2%, but revenue fell from 8% to 7%. The company is expected to report its latest results on or around Feb. 13.
The company earns the No. 37 rank among its peers in the Finance-Investment Management industry group. Blue Owl Capital, P10 and KKR are among the top 5 highly rated stocks within the group.
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