StepStone Group saw its IBD SmartSelect Composite Rating jump to 96 Monday, up from 94 the day before.
The revised score means the stock currently tops 96% of all other stocks in terms of key performance metrics and technical strength. History shows the top market performers tend to have a 95 or higher score as they launch their major moves.
StepStone Group is currently forming a consolidation, with a 70.38 buy point. See if the stock can break out in heavy trade at least 40% above average.
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The stock earns a 95 EPS Rating, which means its recent quarterly and longer-term annual earnings growth is outpacing 95% of all stocks.
Its Accumulation/Distribution Rating of D shows moderate selling by institutional investors over the last 13 weeks. Look for the rating to improve to at least a C or better.
The company posted a 19% earnings gain for Q3. Top line growth rose 42%, up from 5% in the prior report. That marks one quarter of accelerating revenue growth.
StepStone Group holds the No. 5 rank among its peers in the Finance-Investment Management industry group. P10 is the No. 1-ranked stock within the group.
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