When putting together your watch list, look for stocks with an 80 or higher RS Rating. Piper Sandler just met that criteria with a new score of 80.
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IBD's proprietary RS Rating identifies market leadership by showing how a stock's price action over the last 52 weeks measures up against that of other stocks on the major indexes.
Decades of market research shows that the best stocks tend to have an RS Rating of over 80 in the early stages of their moves.
Piper Sandler is building a consolidation with a 351.80 entry. See if it can break out in heavy trading.
Piper Sandler saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 19% to 47%. Revenue rose from 2% to 4%. Keep an eye out for the company's next round of numbers on or around Jul. 25.
Piper Sandler earns the No. 20 rank among its peers in the Finance-Investment Banking/Brokers industry group. Futu Holdings ADR, Houlihan Lokey Cl A and LPL Financial Holdings 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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