In a welcome move, Cushman & Wakefield saw its Relative Strength Rating improve from 66 to 76 on Friday.
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This unique rating tracks market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the trailing 52 weeks compares to other publicly traded companies.
Over 100 years of market history shows that the best stocks tend to have an RS Rating north of 80 in the early stages of their moves. See if Cushman & Wakefield can continue to show renewed price strength and clear that threshold.
While now is not an ideal time to invest, see if the stock manages to form a chart pattern and break out.
Top and bottom line growth moved higher last quarter. Earnings were up 800%, compared to 7% in the prior report. Revenue increased from 3% to 5%. The next quarterly results are expected on or around Aug. 5.
Cushman & Wakefield holds the No. 16 rank among its peers in the Real Estate-Development/Operations industry group. Grupo Aeroportuario ADR, Zillow Group Cl A and Zillow Group Cl C 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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