Stocks Generating Improved Relative Strength: Evertec

The Relative Strength (RS) Rating for Evertec (EVTC) climbed into a higher percentile Monday, as it got a lift from 62 to 71.


When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.

IBD’s unique rating identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock’s price performance over the last 52 weeks compares to all the other stocks in our database.

Over 100 years of market history shows that the top-performing stocks typically have an 80 or better RS Rating in the early stages of their moves. See if Evertec can continue to rebound and hit that benchmark.

Looking For Winning Stocks? Try This Simple Routine

Evertec is not currently near a potential buying area. See if the stock goes on to form a base that could launch a new move.

Evertec saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 23% to 35%. Revenue rose from 6% to 14%. The company is expected to report its latest numbers on or around Aug. 4.

The company holds the No. 7 rank among its peers in the Finance-Card/Payment Processing industry group. Dlocal (DLO) and Discover Financial Services (DFS) are also among the group’s highest-rated stocks.


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

Identify Bases And Buy Points With Pattern Recognition From MarketSmith

Most Related Links :
usanewswall Governmental News Finance News

Source link

Back to top button