The Relative Strength (RS) Rating for Perdoceo Education jumped into a new percentile Wednesday, with an increase from 78 to 82.
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IBD's unique rating identifies share price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks stacks up against all the other stocks in our database.
Decades of market research reveals that the best stocks tend to have an RS Rating north of 80 in the early stages of their moves.
Perdoceo Education is trying to complete a cup without handle with a 34.60 buy point. See if it can clear the breakout price in heavy trading.
The company showed 14% EPS growth last quarter. Sales gains came in at 26%.
Perdoceo Education holds the No. 5 rank among its peers in the Consumer Services-Education industry group. Legacy Education is the No. 1-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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