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Investors Business Daily
Investors Business Daily
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INVESTOR'S BUSINESS DAILY

Stocks To Watch: Nebius Group Cl A Sees RS Rating Jump To 95

On Tuesday, Nebius Group Cl A cleared an important technical benchmark, seeing its Relative Strength (RS) Rating jump into the 90-plus percentile with an improvement to 95, up from 90 the day before.

Looking For The Best Stocks To Buy And Watch? Start Here

This proprietary rating identifies market leadership by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.

Decades of market research shows that the top-performing stocks typically have an RS Rating north of 80 as they begin their biggest climbs.

While the stock is not near a proper buying range right now, see if it goes on to form and break out of a proper chart pattern.

The company reported 0% EPS growth in the latest quarterly report. Revenue increased 466%. Keep an eye out for the company's next round of numbers on or around May 20.

The company earns the No. 38 rank among its peers in the Computer Software-Enterprise industry group. Palantir Technologies, Nexxen International and Cloudflare 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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