SEI Investments saw a welcome improvement to its Relative Strength (RS) Rating on Monday, with an upgrade from 79 to 82.
This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the best stocks tend to have an RS Rating of above 80 in the early stages of their moves.
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While SEI Investments is not near an ideal buying range right now, see if it manages to form and break out from a proper chart pattern.
The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 18% to 37%. Revenue rose from 6% to 13%.
The company holds the No. 7 rank among its peers in the Finance-Investment Management industry group. Janus Henderson Group, KKR and Blue Owl Capital are among the top 5 highly rated stocks within the group.
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