One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Shift4 Payments now clears that threshold, with a jump from 77 to 82 Monday.
Hone Your Stock-Picking Skills By Focusing On These Factors
IBD's unique rating identifies share price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database.
History reveals that the market's biggest winners typically have an RS Rating north of 80 as they begin their biggest climbs.
Shift4 Payments is building a cup without handle with a 127.50 buy point. See if the stock can clear the breakout price in heavy volume.
The company posted 13% earnings growth last quarter. Sales gains came in at 20%. The next quarterly results are expected on or around Jul. 31.
Shift4 Payments holds the No. 6 rank among its peers in the Finance-Card/Payment Processing industry group. Cantaloupe, Sezzle and Toast 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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