On Wednesday, Bright Horizons earned an upgrade to its Relative Strength (RS) Rating, from 66 to 71.
Can You Really Time The Stock Market?
IBD's proprietary rating measures share price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history shows that the best stocks often have an RS Rating of above 80 in the early stages of their moves. See if Bright Horizons can continue to show renewed price strength and clear that threshold.
Bright Horizons is trying to complete a consolidation with a 141.90 buy point. See if it can clear the breakout price in volume at least 40% higher than normal.
Bright Horizons posted 18% earnings growth in its most recent report. Sales increased 10%. The next quarterly numbers are expected on or around May 6.
Bright Horizons earns the No. 13 rank among its peers in the Consumer Services-Education industry group. Adtalem Global Education, Stride and Universal Tech Institute are among the top 5 highly rated stocks 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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