StepStone Group had its Relative Strength (RS) Rating upgraded from 77 to 82 Thursday.
Risk Management In The Stock Market: How Much Money To Invest Now
IBD's proprietary 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 stacks up against all the other stocks in our database.
History shows that the market's biggest winners typically have an RS Rating north of 80 as they begin their biggest runs.
StepStone Group is building a consolidation with a 70.38 entry. See if it can clear the breakout price in heavy volume.
Earnings growth picked up last quarter from 19% to 106%. But sales fell from 42% to 6%.
StepStone Group holds the No. 7 rank among its peers in the Finance-Investment Management industry group. Sprott, Acadian Asset Management and Patria Investments 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.
RELATED:
IBD Stock Rating Upgrades: Rising Relative Strength
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
