On Thursday, Affirm Holdings Cl A reached an important technical milestone, seeing its Relative Strength (RS) Rating jump into the 90-plus percentile with an improvement to 92, up from 86 the day before.
Here Are 3 Keys For Successful Stock Investing
IBD's proprietary rating tracks share price performance with a 1 (worst) to 99 (best) score. The rating 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 stocks tend to have an 80 or better RS Rating at the beginning of a new run.
While now is not an ideal time to jump in, see if the stock manages to offer and clear an appropriate buy point.
Affirm Holdings Cl A reported 0% earnings growth in its most recent report, while sales growth came in at 47%. Look for the next report on or around May 8.
Affirm Holdings Cl A earns the No. 15 rank among its peers in the Finance-Card/Payment Processing industry group. Paymentus Holdings, Discover Finl Svcs and Toast 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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