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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

TPG Earns RS Rating Upgrade

In a welcome move, TPG saw its Relative Strength Rating improve from 63 to 72 on Thursday.

This proprietary rating identifies technical performance by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.

History reveals that the best stocks often have an RS Rating of above 80 in the early stages of their moves. See if TPG can continue to rebound and hit that benchmark.

Can You Really Time The Stock Market?

TPG is now considered extended and out of buy range after clearing a 51.62 buy point in a second-stage consolidation. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.

TPG showed -75% EPS growth in the latest quarterly report, while sales growth came in at 9%.

TPG earns the No. 87 rank among its peers in the Finance-Investment Management industry group. P10, Trinity Capital and Nuveen Churchill Direct 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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