When putting together your watch list, look for stocks with an 80 or higher RS Rating. i3 Verticals Cl A now meets that criteria, with a jump from 74 to 87 Monday.
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This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners tend to have an RS Rating of over 80 in the early stages of their moves.
i3 Verticals Cl A is now considered extended and out of buy range after clearing a 29.80 buy point in a first-stage consolidation. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week moving average.
While the company's top line growth fell last quarter from 13% to 12%, earnings-per-share grew 1,050%, up from 211% in the prior report.
i3 Verticals Cl A earns the No. 10 rank among its peers in the Finance-Card/Payment Processing industry group. StoneCo Cl A, Cantaloupe and dLocal 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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