On Friday, StepStone Group earned an upgrade to its Relative Strength (RS) Rating, from 67 to 73.
When To Sell Stocks To Lock In Profits And Minimize Losses
This proprietary rating identifies technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the last 52 weeks compares to the rest of the market.
Over 100 years of market history reveals that the top-performing stocks tend to have an RS Rating north of 80 in the early stages of their moves. See if StepStone Group can continue to show renewed price strength and hit that benchmark.
StepStone Group is trying to complete a consolidation with a 70.38 buy point. See if the stock can clear the breakout price in heavy trading.
While earnings-per-share growth fell in the company's most recently reported quarter from 106% to -17%, sales grew 95%, up from 6% in the prior report.
StepStone Group earns the No. 11 rank among its peers in the Finance-Investment Management industry group. Acadian Asset Management, Sprott and Acorn Energy 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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