In a welcome move, Raymond James saw its Relative Strength Rating rise from 69 to 76 on Monday.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's unique rating tracks price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners typically have an 80 or higher RS Rating in the early stages of their moves. See if Raymond James can continue to rebound and hit that benchmark.
Raymond James is working on a cup with handle with a 154.77 buy point. See if it can break out in heavy trading.
The company posted 5% earnings growth in the latest quarterly report. Sales gains came in at 6%.
The company earns the No. 17 rank among its peers in the Finance-Investment Banking/Brokers industry group. LPL Financial Holdings, Futu Holdings ADR 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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