On Monday, Insperity earned a positive adjustment to its Relative Strength (RS) Rating, from 69 to 73.
IBD's proprietary RS Rating tracks market leadership by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
Over 100 years of market history shows that the best stocks typically have an 80 or higher RS Rating in the early stages of their moves. See if Insperity can continue to show renewed price strength and clear that threshold.
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While it's not currently an ideal time to jump in, see if the stock is able to establish and enter a buying range in heavy trade.
While EPS growth decreased in the company's most recent quarterly report from -73% to -93%, revenue rose 2%, up from 1% in the prior report. The next quarterly numbers are expected on or around May 6.
The company holds the No. 14 rank among its peers in the Commercial Services-Outsourcing industry group. ExlService Holdings, Red Violet and Cintas 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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