On Wednesday, Nebius Group Cl A reached a noteworthy technical benchmark, with its Relative Strength (RS) Rating jumping into the 90-plus percentile with an upgrade to 93, a rise from 89 the day before.
This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.
Decades of market research reveals that the best-performing stocks typically have an RS Rating of at least 80 in the early stages of their moves.
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While Nebius Group Cl A is not near an ideal buy zone right now, see if it manages to form and break out from a proper base.
The company reported 0% EPS growth in the latest quarterly report, while sales growth came in at 766%. Look for the next report on or around Feb. 14.
Nebius Group Cl A earns the No. 19 rank among its peers in the Internet-Content industry group. Meta Platforms, Full Truck Alliance ADR and Alphabet Cl C are among the top 5 highly rated stocks within the group.
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