Verisk Analytics had its Relative Strength (RS) Rating upgraded from 79 to 82 Tuesday.
IBD's proprietary RS Rating tracks market leadership by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
Decades of market research reveals that the top-performing stocks often have an RS Rating of above 80 in the early stages of their moves.
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Verisk Analytics is still within a buying range after climbing above a 296.58 entry in a cup without handle. The proper buying range is up to 5% above the initial entry. Once a stock hits that benchmark, it's best to hold off investing and wait for it to set up another buying opportunity.
Earnings-per-share growth declined in the company's latest report from 15% to 10%, but sales rose from 6% to 7%. Keep an eye out for the company's next round of numbers on or around Feb. 26.
Verisk Analytics earns the No. 3 rank among its peers in the Commercial Services-Market Research industry group. Moody's is the No. 1-ranked stock within the group.
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