Perdoceo Education had its Relative Strength (RS) Rating upgraded from 80 to 84 Wednesday.
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IBD's proprietary rating identifies share price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the market's biggest winners tend to have an 80 or higher RS Rating as they begin their biggest runs.
Perdoceo Education is working on a cup without handle with a 34.60 entry. See if the stock can clear the breakout price in volume at least 40% higher than normal.
The company reported 14% earnings growth in its most recent report, while sales growth came in at 26%.
Perdoceo Education earns the No. 5 rank among its peers in the Consumer Services-Education industry group. Legacy Education is the No. 1-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.
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