The Relative Strength (RS) Rating for Artisan Ptrs Asset Mgmt headed into a new percentile Wednesday, as it got a lift from 66 to 72.
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This proprietary rating measures technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the trailing 52 weeks compares to other publicly traded companies.
Over 100 years of market history reveals that the top-performing stocks tend to have an 80 or better RS Rating as they launch their biggest climbs. See if Artisan Ptrs Asset Mgmt can continue to rebound and clear that threshold.
Artisan Ptrs Asset Mgmt is working on a consolidation with a 49.54 buy point. See if it can clear the breakout price in heavy trade.
The company showed 9% earnings growth last quarter, while sales growth came in at 5%.
The company earns the No. 15 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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