The Relative Strength (RS) Rating for Raymond James entered a new percentile Tuesday, with an increase from 74 to 81.
Risk Management In The Stock Market: How Much Money To Invest Now
This unique rating tracks market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the trailing 52 weeks matches up against other publicly traded companies.
Decades of market research shows that the market's biggest winners typically have an 80 or better RS Rating as they launch their biggest price moves.
Raymond James is trying to complete a cup without handle with a 174.32 entry. See if it can break out in heavy volume.
Raymond James showed 5% earnings growth last quarter. Revenue gains came in at 6%.
Raymond James holds the No. 13 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.
RELATED:
Stocks With Rising Relative Strength Ratings
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
