The Relative Strength (RS) Rating for Main Street Capital headed into a higher percentile Monday, as it got a lift from 70 to 74.
This unique rating measures market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners tend to have an 80 or better RS Rating in the early stages of their moves. See if Main Street Capital can continue to show renewed price strength and clear that threshold.
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Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock goes on to establish and enter a buying range in heavy volume.
Top and bottom line growth moved higher in the company's most recent quarter. Earnings were up 1%, compared to -5% in the prior report. Revenue increased from 4% to 11%.
Main Street Capital holds the No. 25 rank among its peers in the Finance-Investment Management industry group. KKR, Blue Owl Capital and P10 are among the top 5 highly rated stocks within the group.
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