OneMain Holdings had its Relative Strength (RS) Rating upgraded from 66 to 75 Thursday — a welcome improvement, but still short of the 80 or better score you prefer to see.
IBD's unique RS Rating tracks market leadership 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 shows that the best stocks typically have an RS Rating north of 80 in the early stages of their moves. See if OneMain Holdings can continue to rebound and hit that benchmark.
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While OneMain Holdings is not near an ideal buy point right now, see if it goes on to form and break out from a proper chart pattern.
While EPS growth decreased in the company's most recently reported quarter from 1% to -20%, revenue grew 7%, up from 4% in the previous report.
The company holds the No. 14 rank among its peers in the Finance-Consumer Loans industry group. Enova International, Atlanticus Holdings and SoFi Technologies are among the top 5 highly rated stocks within the group.
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