One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Stifel Financial now clears that threshold, with a jump from 80 to 83 Thursday.
This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the trailing 52 weeks compares to all the other stocks in our database.
Decades of market research shows that the stocks that go on to make the biggest gains tend to have an RS Rating of over 80 as they begin their biggest price moves.
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While Stifel Financial is not near a proper buying range right now, see if it goes on to form and break out of a proper chart pattern.
The company posted 49% EPS growth in its most recent report. Revenue rose 15%.
The company holds the No. 5 rank among its peers in the Finance-Investment Banking/Brokers industry group. Futu Holdings ADR is the top-ranked stock 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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