On Thursday, Stride reached a key performance benchmark, seeing its Relative Strength (RS) Rating jump into the 80-plus percentile with an improvement to 87, up from 77 the day before.
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IBD's unique rating identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the trailing 52 weeks stacks up against all the other stocks in our database.
Decades of market research shows that the best stocks tend to have an RS Rating of at least 80 as they launch their biggest price moves.
Stride is building a consolidation with a 162.30 entry. See if it can break out in heavy trade.
Earnings growth dropped in the most recent report from 44% to 36%. But revenue moved higher, from 18% to 22%.
Stride earns the No. 3 rank among its peers in the Consumer Services-Education industry group. Legacy Education is the No. 1-ranked stock 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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