On Monday, Jones Lang LaSalle cleared a key performance benchmark, seeing its Relative Strength (RS) Rating jump into the 80-plus percentile with an improvement to 82, up from 77 the day before.
IBD's unique 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.
History 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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Jones Lang LaSalle is working on a consolidation with a 288.50 buy point. See if the stock can break out in volume at least 40% higher than normal.
Earnings growth dropped last quarter from 60% to 15%. But revenue gains moved higher, from 15% to 16%.
Jones Lang LaSalle earns the No. 5 rank among its peers in the Real Estate-Development/Operations industry group. Grupo Aeroportuario 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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