When considering what names to put on your watch list, look for stocks with an 80 or higher RS Rating. Cboe Global Markets just met that criteria with a new score of 80.
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IBD's proprietary rating identifies market leadership 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 typically have an RS Rating of at least 80 in the early stages of their moves.
Cboe Global Markets is trying to complete a flat base with a 236.02 buy point. See if the stock can break out in heavy trading.
Earnings grew 16% last quarter, up from 2% in the prior report. Revenue also increased, from 14% to 25%. Look for the next report on or around Aug. 1.
The company earns the No. 12 rank among its peers in the Financial Services-Specialty industry group. X Financial ADR, IREN and Jiayin Group ADR 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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