LendingClub saw a positive improvement to its Relative Strength (RS) Rating on Friday, with an upgrade from 67 to 73.
How To Invest In Stocks In Both Bull And Bear Markets
IBD's unique RS Rating measures market leadership by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
History shows that the market's biggest winners tend to have an RS Rating north of 80 as they launch their biggest runs. See if LendingClub can continue to rebound and hit that benchmark.
While LendingClub is not near a proper buy zone right now, see if it manages to form and break out of a proper base.
While revenue growth fell last quarter from 20% to 13%, earnings-per-share grew -9%, up from -11% in the prior report. The next quarterly numbers are expected on or around Jul. 23.
The company holds the No. 43 rank among its peers in the Financial Services-Specialty industry group. X Financial ADR, Jiayin Group ADR and Marex Group 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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