INVESCO had its Relative Strength (RS) Rating upgraded from 63 to 74 Friday — a welcome improvement, but still shy of the 80 or higher score you look for.
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This unique rating identifies market leadership by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
History shows that the top-performing stocks typically have an RS Rating north of 80 as they begin their largest price moves. See if INVESCO can continue to rebound and hit that benchmark.
INVESCO is building a cup without handle with a 19.55 buy point. See if it can clear the breakout price in volume at least 40% higher than normal.
Earnings growth rose last quarter from 11% to 33%. But sales fell from 13% to 4%. The company is expected to report its latest performance numbers on or around Jul. 22.
INVESCO earns the No. 26 rank among its peers in the Finance-Investment Management industry group. Carlyle Group, WisdomTree and Acadian Asset Management 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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