When considering what names to put on your watch list, look for stocks with an 80 or higher RS Rating. Oscar Health stock now meets that criteria, with a jump from 80 to 87 Monday.
Hone Your Stock-Picking Skills By Focusing On These Factors
IBD's unique rating identifies share price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks stacks up against all the other stocks in our database.
History shows that the best stocks often have an RS Rating of at least 80 in the early stages of their moves.
Is Oscar Health Stock A Buy?
Oscar Health stock broke out of a cup-with-handle base on Friday with 20.77 entry point. The insurance stock has moved above the buy zone and is considered extended. See if the stock pulls back and goes on to build a promising consolidation that could spark a new run.
The health insurance company reported 0% EPS growth in its most recent report. Sales increased 29%.
Oscar Health stock earns the No. 3 rank among its peers in the Insurance-Accident & Healthcare industry group. Unum Group is the top-ranked stock within the group.
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