KKR had its Relative Strength (RS) Rating upgraded from 68 to 75 Monday — a welcome improvement, but still shy of the 80 or higher score you prefer to see.
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IBD's proprietary rating identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research shows that the best-performing stocks tend to have an 80 or better RS Rating as they begin their largest runs. See if KKR can continue to show renewed price strength and hit that benchmark.
KKR is trying to complete a cup without handle with a 170.40 buy point. See if the stock can clear the breakout price in heavy trading.
The company showed 19% EPS growth in its most recent report. Sales gains came in at -68%.
KKR earns the No. 18 rank among its peers in the Finance-Investment Management industry group. Acadian Asset Management, Sprott and WisdomTree 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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