Walker & Dunlop had its Relative Strength (RS) Rating upgraded from 77 to 81 Wednesday.
This exclusive rating from Investor's Business Daily measures price action with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the last 52 weeks holds up against all the other stocks in our database.
History reveals that the best-performing stocks tend to have an 80 or better RS Rating as they begin their biggest price moves.
Looking For The Best Stocks To Buy And Watch? Start Here
While now is not an ideal time to buy shares, see if the stock is able to establish and enter a buy zone in heavy volume.
Top and bottom line growth moved higher in the company's most recent quarter. Earnings were up 26%, compared to 2% in the prior report. Revenue increased from -4% to -1%. The company is expected to report its latest performance numbers on or around Nov. 7.
The company holds the No. 3 rank among its peers in the Finance-Commercial Loans industry group. Esquire Finl Hldgs is the No. 1-ranked stock within the group.
RELATED:
Which Stocks Are Showing Rising Relative Strength?
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!