SLM stock had its Relative Strength (RS) Rating upgraded from 79 to 82 Wednesday.
This exclusive rating from Investor's Business Daily identifies price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
History shows that the best stocks typically have an RS Rating north of 80 as they begin their biggest climbs.
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Is SLM Stock A Buy?
SLM Corp is trading within a buying range after climbing above a 23.72 buy point in a cup with handle. Once a stock moves 5% or higher beyond the initial entry, it's considered out of a proper buy zone.
The education loan provider reported 0% earnings growth in its most recent report. Revenue rose -6%.
SLM stock earns the No. 12 rank among its peers in the Finance-Consumer Loans industry group. Enova International, SoFi Technologies and Atlanticus Holdings are among the top 5 highly rated stocks within the group.
