Cushman & Wakefield saw a positive improvement to its Relative Strength (RS) Rating on Wednesday, with an increase from 61 to 77.
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This proprietary rating tracks technical performance by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
History shows that the best-performing stocks typically have an RS Rating north of 80 as they launch their largest price moves. See if Cushman & Wakefield can continue to show renewed price strength and clear that threshold.
While the stock is not near an ideal buying range right now, see if it manages to form and break out of a proper base.
Earnings growth declined in the company's most recent report from 800% to 50%, but sales rose from 5% to 9%.
Cushman & Wakefield holds the No. 10 rank among its peers in the Real Estate-Development/Operations industry group. Newmark Group, Grupo Aeroportuario ADR and Colliers International 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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