On Thursday, Main Street Capital received an upgrade to its Relative Strength (RS) Rating, from 63 to 75.
IBD's proprietary RS Rating measures 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 reveals that the best-performing stocks tend to have an RS Rating of over 80 in the early stages of their moves. See if Main Street Capital can continue to rebound and hit that benchmark.
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Main Street Capital is trying to complete a consolidation with a 63.31 buy point. See if the stock can break out in volume at least 40% above average.
The company posted -5% earnings growth in its most recent report, while sales growth came in at 9%. The company is expected to report its latest results on or around May 1.
The company earns the No. 20 rank among its peers in the Finance-Investment Management industry group. Acadian Asset Management, P10 and Equitable Holdings 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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