In a welcome move, Lazard saw its Relative Strength Rating improve from 67 to 73 on Wednesday.
How To Invest In Stocks In Both Bull And Bear Markets
IBD's proprietary rating measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the last 52 weeks compares to all the other stocks in our database.
Decades of market research reveals that the top-performing stocks tend to have an RS Rating of over 80 in the early stages of their moves. See if Lazard can continue to show renewed price strength and hit that benchmark.
Lazard is trying to complete a consolidation with a 61.14 entry. See if it can break out in heavy trading.
Lazard saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -15% to 0%. Revenue rose from -15% to 15%.
Lazard holds the No. 25 rank among its peers in the Finance-Investment Banking/Brokers industry group. Futu Holdings ADR, Robinhood Markets and Houlihan Lokey Cl A 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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IBD Stock Rating Upgrades: Rising Relative Strength
