WNS (Holdings) saw a positive improvement to its Relative Strength (RS) Rating on Wednesday, rising from 66 to 71.
IBD's proprietary RS Rating tracks market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the last 52 weeks compares to other publicly traded companies.
Over 100 years of market history reveals that the market's biggest winners often have an RS Rating north of 80 as they launch their biggest climbs. See if WNS (Holdings) can continue to show renewed price strength and hit that benchmark.
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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 form a consolidation and break out.
Earnings growth dropped last quarter from 3% to -13%. But sales moved higher, from -3% to 2%.
WNS (Holdings) earns the No. 9 rank among its peers in the Commercial Services-Outsourcing industry group. ExlService Holdings, HealthEquity and Red Violet are among the top 5 highly rated stocks within the group.
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