On Monday, Arm Holdings ADR got an upgrade to its Relative Strength (RS) Rating, from 76 to 84.
This exclusive rating from Investor's Business Daily tracks 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.
Decades of market research shows that the stocks that go on to make the biggest gains tend to have an RS Rating of at least 80 in the early stages of their moves.
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Arm Holdings ADR is trying to complete a double bottom with a 156.40 entry. See if the stock can break out in heavy volume.
The company posted -19% earnings growth last quarter. Revenue gains came in at 5%. The company is expected to report its latest earnings and sales numbers on or around Feb. 5.
Arm Holdings ADR earns the No. 10 rank among its peers in the Electronics-Semiconductor Fabless industry group. Broadcom, NVIDIA and SiTime are among the top 5 highly rated stocks within the group.
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