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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

Omnicom Group Trying To Close In On Key Technical Benchmark

Omnicom Group had its Relative Strength (RS) Rating upgraded from 67 to 71 Tuesday — a welcome improvement, but still below the 80 or better score you prefer to see.

IBD's unique rating identifies price performance with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database.

Decades of market research shows that the best stocks typically have an 80 or higher RS Rating as they launch their biggest price moves. See if Omnicom Group can continue to rebound and hit that benchmark.

When To Sell Stocks To Lock In Profits And Minimize Losses

Omnicom Group is not currently offering a proper buying opportunity. See if the stock goes on to build a base that could launch a new move.

In terms of top and bottom line numbers, the company has posted rising EPS growth in each of the last two reports. Sales growth has also moved higher over the same time frame.

The company holds the No. 5 rank among its peers in the Commercial Services-Advertising industry group. Trade Desk Cl A is the No. 1-ranked stock within the group.

RELATED:

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