The Relative Strength (RS) Rating for Piper Sandler headed into a higher percentile Monday, as it got a lift from 69 to 73.
IBD's unique rating identifies share price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the trailing 52 weeks compares to all the other stocks in our database.
Decades of market research shows that the best-performing stocks often have an 80 or better RS Rating in the early stages of their moves. See if Piper Sandler can continue to rebound and hit that benchmark.
When To Sell Stocks To Lock In Profits And Minimize Losses
Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock manages to offer and clear a proper buy point.
Piper Sandler posted 19% earnings growth last quarter. Sales increased 2%.
The company holds the No. 21 rank among its peers in the Finance-Investment Banking/Brokers industry group. Futu Holdings ADR, LPL Financial Holdings and PJT Partners 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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