Piper Sandler saw a positive improvement to its Relative Strength (RS) Rating on Thursday, with an upgrade from 80 to 83.
This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the last 52 weeks compares to all the other stocks in our database.
History reveals that the top-performing stocks typically have an RS Rating of at least 80 in the early stages of their moves.
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While the stock is not near an ideal entry right now, see if it is able to form and break out from a proper consolidation.
The company showed 19% EPS growth last quarter. Revenue rose 2%.
Piper Sandler holds the No. 22 rank among its peers in the Finance-Investment Banking/Brokers industry group. Futu Holdings ADR, LPL Financial Holdings and Interactive Brokers 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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