One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Newmark Group just hit that mark, with a jump from 78 to 82 Thursday.
Risk Management In The Stock Market: How Much Money To Invest Now
IBD's unique rating tracks 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 reveals that the market's biggest winners typically have an 80 or higher RS Rating in the early stages of their moves.
Newmark Group is working on a consolidation with a 16.10 entry. See if it can break out in heavy trade.
Earnings growth moved up last quarter from 40% to 41%, but sales fell from 22% to 20%.
The company holds the No. 2 rank among its peers in the Real Estate-Development/Operations industry group. Grupo Aeroportuario ADR is the top-ranked stock 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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