On Monday, CoStar Group got a positive adjustment to its Relative Strength (RS) Rating, from 76 to 81.
This exclusive rating from Investor's Business Daily measures share price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
History shows that the best stocks tend to have an 80 or higher RS Rating as they begin their biggest runs.
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CoStar Group is trying to complete a flat base with an 83.03 entry. See if it can break out in volume at least 40% higher than normal.
The company showed -55% EPS growth in the latest quarterly report. Revenue increased 11%. Look for the next report on or around Apr. 29.
CoStar Group earns the No. 8 rank among its peers in the Commercial Services-Market Research industry group. Verisk Analytics, Thomson Reuters and RELX 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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