Victory Capital Cl A saw a welcome improvement to its Relative Strength (RS) Rating on Thursday, with an increase from 79 to 82.
Hone Your Stock-Picking Skills By Focusing On These Factors
IBD's proprietary rating tracks share price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the best stocks often have an 80 or higher RS Rating as they begin their biggest climbs.
Victory Capital Cl A is building a consolidation with a 73.42 buy point. See if the stock can break out in heavy trading. It's a later-stage pattern, and investors should be aware that those are less likely to lead to significant gains.
The company showed 9% EPS growth in its most recent report. Sales gains came in at 2%.
The company holds the No. 12 rank among its peers in the Finance-Investment Management industry group. Patria Investments, Sprott and Acadian Asset Management 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.
RELATED:
IBD Stock Rating Upgrades: Rising Relative Strength
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
