NerdWallet (NRDS) stock had its Relative Strength (RS) Rating upgraded from 64 to 82 Friday.
↑ XThis proprietary rating identifies market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the last 52 weeks matches up against other publicly traded companies.
History reveals that the best stocks tend to have an RS Rating of above 80 as they begin their biggest price moves.
Risk Management In The Stock Market: How Much Money To Invest Now
NerdWallet stock gapped up on Wednesday, reclaiming its 50- and 200-day moving average on positive Q3 earnings results. The financial stock is building a consolidation with a 16.29 buy point. See if it can clear the breakout price in volume at least 40% higher than normal.
The financial services company reported 0% EPS growth last quarter. Revenue gains came in at 25%.
NerdWallet stock holds the No. 26 rank among its peers in the Financial Services-Specialty industry group. Sezzle (SEZL), Tradeweb Markets (TW) and Marex Group (MRX) are among the top 5 highly rated stocks within the group.
YOU MAY ALSO LIKE:
MarketSurge's Tools Can Help The Individual Investor
IBD Live: A New Tool For Daily Stock Market Analysis
Profit From Short-Term Trends With SwingTrader
How To Research Growth Stocks: Why This IBD Tool Simplifies The Search For Top Stocks
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.