Stocks With Rising Relative Strength: Laureate Education
Laureate Education had its Relative Strength (RS) Rating upgraded from 69 to 74 Tuesday -- a welcome improvement, but still below the 80 or higher score you look for.
When you're researching the best stocks to buy and watch, keep a close on eye on relative price strength.
This proprietary rating tracks market leadership 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 market's biggest winners often have an RS Rating north of 80 as they launch their largest climbs. See if Laureate Education can continue to rebound and hit that benchmark.
Laureate Education has moved more than 5% past a 15.80 entry in a first-stage cup without handle, meaning it's now out of a proper buy zone. Look for the stock to create a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week moving average.
Earnings growth declined last quarter from 0% to -1,100%, but the top line rose from 1% to 8%.
Laureate Education earns the No. 12 rank among its peers in the Consumer Services-Education industry group. Franklin Covey and Powerschool Hldg Cl A are also among the group's highest-rated stocks.