Main Street Capital had its Relative Strength (RS) Rating upgraded from 68 to 73 Friday — a welcome improvement, but still below the 80 or higher score you prefer to see.
How To Invest In Stocks In Both Bull And Bear Markets
IBD's unique RS Rating tracks market leadership by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
Decades of market research reveals that the best stocks tend to have an 80 or better RS Rating as they begin their largest runs. See if Main Street Capital can continue to rebound and clear that threshold.
Main Street Capital is building a consolidation with a 63.31 buy point. See if it can clear the breakout price in volume at least 40% higher than normal.
Main Street Capital reported -5% earnings growth last quarter, while sales growth came in at 9%. Keep an eye out for the company's next round of numbers on or around May 8.
Main Street Capital holds the No. 24 rank among its peers in the Finance-Investment Management industry group. Acadian Asset Management, Sprott and P10 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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