When considering what names to put on your watch list, look for stocks with an 80 or higher RS Rating. Tempus AI is one stock that just reached the mark, now earning a score of 81.
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This proprietary rating measures technical performance by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
Decades of market research reveals that the best-performing stocks tend to have an RS Rating of at least 80 as they begin their biggest runs.
Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock manages to establish and enter a buy zone in heavy trade.
The company showed 0% earnings growth in its most recent report, while sales growth came in at 75%. The next quarterly results are expected on or around Aug. 8.
Tempus AI earns the No. 12 rank among its peers in the Medical-Research Equipment/Services industry group. Medpace Holdings, IQVIA Holdings and Charles River Labs Intl 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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