On Monday, Infosys ADR earned a positive adjustment to its Relative Strength (RS) Rating, from 64 to 74.
IBD's unique RS Rating identifies market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price performance over the trailing 52 weeks compares to the rest of the market.
Over 100 years of market history reveals that the market's biggest winners tend to have an RS Rating of over 80 as they launch their largest price moves. See if Infosys ADR can continue to show renewed price strength and hit that benchmark.
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Infosys ADR is building a flat base with a 23.48 buy point. See if it can break out in volume at least 40% higher than normal.
Infosys ADR showed 6% EPS growth last quarter, while sales growth came in at 4%.
The company holds the No. 19 rank among its peers in the Computer-Technical Services industry group. GitLab Cl A, Innodata and Dave are among the top 5 highly rated stocks within the group.
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