One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Bright Horizons cleared that benchmark Wednesday, with a jump from 77 to 81 Wednesday.
IBD's unique rating measures price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.
Decades of market research reveals that the stocks that go on to make the biggest gains often have an 80 or better RS Rating as they begin their biggest price moves.
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Bright Horizons is working on a consolidation with a 141.90 entry. See if it can break out in volume at least 40% above average.
Bright Horizons showed 18% EPS growth in the latest quarterly report. Sales increased 10%.
Bright Horizons holds the No. 10 rank among its peers in the Consumer Services-Education industry group. Adtalem Global Education, Stride and TAL Education Group ADR are among the top 5 highly rated stocks within the group.
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