Pagaya Technologies had its Relative Strength (RS) Rating upgraded from 86 to 91 Friday.
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This exclusive rating from Investor's Business Daily identifies share price movement 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.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains tend to have an 80 or higher RS Rating as they launch their biggest runs.
While the stock is not near a proper buy zone right now, see if it manages to form and break out from a proper base.
Earnings growth increased last quarter from -15% to 245%. But revenue gains fell from 28% to 18%.
The company holds the No. 10 rank among its peers in the Computer Software-Financial industry group. CoreCard, Intuit and Nayax 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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