Lazard had its Relative Strength (RS) Rating upgraded from 63 to 73 Wednesday — a welcome improvement, but still below the 80 or higher score you look for.
Can You Really Time The Stock Market?
IBD's proprietary rating identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.
Decades of market research shows that the market's biggest winners often have an RS Rating of above 80 as they begin their biggest climbs. See if Lazard can continue to rebound and clear that threshold.
Lazard is working on a consolidation with a 61.14 entry. See if the stock can clear the breakout price in heavy trade.
Earnings grew 0% last quarter, up from -15% in the prior report. Revenue also increased, from -15% to 15%.
The company earns the No. 26 rank among its peers in the Finance-Investment Banking/Brokers industry group. Futu Holdings ADR, Robinhood Markets and UP Fintech Holding ADR 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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