On Friday, Bright Horizons received an upgrade to its Relative Strength (RS) Rating, from 61 to 73.
Can You Really Time The Stock Market?
This exclusive rating from Investor's Business Daily measures share price action with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the trailing 52 weeks compares to all the other stocks in our database.
Over 100 years of market history shows that the stocks that go on to make the biggest gains tend to have an RS Rating north of 80 as they launch their biggest runs. See if Bright Horizons can continue to rebound and clear that threshold.
Bright Horizons is working on a consolidation with a 141.90 entry. See if the stock can break out in volume at least 40% higher than normal.
While sales growth fell last quarter from 10% to 7%, the bottom line grew 51%, up from 18% in the previous report.
Bright Horizons earns the No. 9 rank among its peers in the Consumer Services-Education industry group. Adtalem Global Education, Stride and Universal Tech Institute 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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