In a welcome move, PJT Partners saw its Relative Strength Rating improve from 66 to 71 on Wednesday.
Can You Really Time The Stock Market?
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners typically have an 80 or better RS Rating as they begin their largest runs. See if PJT Partners can continue to show renewed price strength and clear that threshold.
While it's not currently an ideal time to buy shares, see if the stock is able to offer and clear a proper buy point.
The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 19% to 98%. Revenue rose from 17% to 45%. The next quarterly results are expected on or around May 6.
The company holds the No. 12 rank among its peers in the Finance-Investment Banking/Brokers industry group. Futu Holdings ADR, StoneX Group and LPL Financial Holdings 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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