The Relative Strength (RS) Rating for Houlihan Lokey entered a new percentile Thursday, with an increase from 79 to 82.
Hone Your Stock-Picking Skills By Focusing On These Factors
This exclusive rating from Investor's Business Daily identifies price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the last 52 weeks stacks up against all the other stocks in our database.
History reveals that the best-performing stocks typically have an 80 or better RS Rating in the early stages of their moves.
Houlihan Lokey is trading within a buying range after moving past a 198.78 entry in a flat base. Once a stock moves 5% or higher beyond the original entry, it's considered out of a proper buy zone.
While the company's top line growth fell last quarter from 28% to 18%, earnings-per-share grew 75%, up from 54% in the previous report.
Houlihan Lokey holds the No. 2 rank among its peers in the Finance-Investment Banking/Brokers industry group. Futu Holdings is the top-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.
RELATED:
Which Stocks Are Showing Rising Relative Strength?
