On Friday, Rocket Cos. stock earned an upgrade to its Relative Strength (RS) Rating, from 89 to 92.
This proprietary rating identifies 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 shows that the market's biggest winners tend to have an 80 or higher RS Rating in the early stages of their moves.
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Is Rocket Cos. Stock A Buy?
Rocket Cos. stock reclaimed its 50-day moving average on Thursday. The financial stock is currently in a consolidation. While it's not currently an ideal time to buy shares, see if the stock is able to offer and clear an appropriate buy point.
The mortgage lender showed 0% EPS growth in its most recent report, while sales growth came in at 108%. Look for the next report on or around Aug. 1.
Rocket Cos. stock earns the No. 5 rank among its peers in the Finance-Mortgage & Related Services industry group. Velocity Financial is the No. 1-ranked stock within the group.
