Rocket Cos. had its Relative Strength (RS) Rating upgraded from 79 to 87 Tuesday.
This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.
Decades of market research shows that the best-performing stocks tend to have an 80 or better RS Rating as they launch their biggest runs.
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Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock is able to establish and enter a buying range in heavy trade.
EPS growth dropped in the company's latest report from 700% to 0%, but revenue rose from -46% to 155%. Look for the next report on or around May 1.
Rocket Cos. holds the No. 1 rank among its peers in the Finance-Mortgage & Related Services industry group. Enact Holdings and LendingTree are also among the group's highest-rated stocks.
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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