Janus Henderson Group saw a positive improvement to its Relative Strength (RS) Rating on Tuesday, rising from 80 to 83.
IBD's proprietary RS Rating tracks market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the last 52 weeks matches up against that of all other stocks.
Over 100 years of market history shows that the best stocks tend to have an RS Rating of over 80 in the early stages of their moves.
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Janus Henderson Group is not currently offering a proper buying opportunity. See if the stock goes on to build a base that could kick off a new climb.
Earnings growth decreased last quarter from 42% to 30%. But revenue moved higher, from 20% to 25%.
The company holds the No. 8 rank among its peers in the Finance-Investment Management industry group. P10, Hennessy Advisors and Equitable Holdings are among the top 5 highly rated stocks within the group.
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