Navient Corp. saw a positive improvement to its Relative Strength (RS) Rating on Thursday, rising from 69 to 72.
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This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The rating 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 reveals that the market's biggest winners typically have an RS Rating north of 80 as they begin their biggest runs. See if Navient Corp. can continue to show renewed price strength and hit that benchmark.
Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock manages to offer and clear a proper buy point.
Navient Corp. posted negative growth for both sales and earnings last quarter. Navient Corp. is expected to release its next quarterly numbers on or around Jul. 30.
The company holds the No. 51 rank among its peers in the Financial Services-Specialty industry group. X Financial ADR, FinVolution Group ADR and IREN 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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