When considering what names to put on your watch list, look for stocks with an 80 or higher RS Rating. BGC Group Cl A is one stock that just reached the mark, now earning a score of 81.
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This exclusive rating from Investor's Business Daily identifies price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.
Decades of market research shows that the market's biggest winners typically have an RS Rating of over 80 in the early stages of their moves.
BGC Group Cl A is trying to complete a consolidation with an 11.79 entry. See if the stock can break out in volume at least 40% higher than normal.
While earnings growth declined in the company's most recent quarterly report from 19% to 16%, revenue rose 15%, up from 11% in the prior report. The next quarterly results are expected on or around Jul. 30.
The company holds the No. 7 rank among its peers in the Finance-Investment Banking/Brokers industry group. Futu Holdings ADR, LPL Financial Holdings and Houlihan Lokey Cl A 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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