LendingTree had its Relative Strength (RS) Rating upgraded from 90 to 93 Tuesday.
IBD's proprietary RS Rating tracks technical performance by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
Decades of market research reveals that the market's biggest winners typically have an RS Rating north of 80 in the early stages of their moves.
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LendingTree is trying to complete a cup without handle with a 62.49 entry. See if the stock can clear the breakout price in heavy trading.
In terms of top and bottom line numbers, the company has posted rising EPS growth over the last two quarters. Top line growth has also increased during the same period.
The company earns the No. 1 rank among its peers in the Finance-Mortgage & Related Services industry group. Rocket Cos. and Finance of America are also among the group's highest-rated stocks.
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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