The Relative Strength (RS) Rating for KKR climbed into a new percentile Wednesday, as it got a lift from 69 to 75.
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IBD's proprietary RS Rating identifies 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 reveals that the best stocks typically have an RS Rating north of 80 in the early stages of their moves. See if KKR can continue to rebound and clear that threshold.
KKR is working on a cup with handle with a 153.87 entry. See if the stock can clear the breakout price in heavy volume.
While earnings-per-share growth declined last quarter from 19% to 8%, sales grew 22%, up from -68% in the prior report.
The company holds the No. 24 rank among its peers in the Finance-Investment Management industry group. Carlyle Group, Acadian Asset Management and Ares 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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