One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Option Care Health now clears that threshold, with a jump from 67 to 88 Thursday.
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IBD's proprietary rating tracks share price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the stocks that go on to make the biggest gains tend to have an RS Rating north of 80 as they launch their biggest climbs.
Option Care Health is not currently showing a potential entry point. See if the stock goes on to form a chart pattern that could ignite a new run.
Option Care Health showed 14% EPS growth last quarter, while sales growth came in at 16%.
Option Care Health earns the No. 2 rank among its peers in the Medical-Services industry group. Hims & Hers Health 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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