The Relative Strength (RS) Rating for Nexstar Media Cl A jumped into a new percentile Monday, with an increase from 78 to 82.
This exclusive rating from Investor's Business Daily identifies price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
History reveals that the best stocks often have an RS Rating of at least 80 as they launch their biggest runs.
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Nexstar Media Cl A is trying to complete a cup without handle with a 191.85 buy point. See if it can clear the breakout price in heavy trade.
The company reported 128% earnings growth last quarter. Revenue gains came in at 14%.
Nexstar Media Cl A holds the No. 1 rank among its peers in the Media-Radio/TV industry group. TEGNA and Sinclair Cl A are also among the group's highest-rated stocks.
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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