Carlyle Group stock saw a positive improvement to its Relative Strength (RS) Rating on Wednesday, rising from 70 to 75.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
This exclusive rating from Investor's Business Daily identifies price performance with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
History reveals that the stocks that go on to make the biggest gains tend to have an RS Rating north of 80 in the early stages of their moves. See if Carlyle Group stock can continue to show renewed price strength and clear that threshold.
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Is Carlyle Group Stock A Buy?
Carlyle Group stock is building a cup with handle with a 36.10 buy point. See if it can break out in heavy trading.
While the company's top line growth fell last quarter from -46% to -56%, the bottom line grew 0%, up from -82% in the prior report.
Carlyle Group stock holds the No. 89 rank among its peers in the Finance-Investment Management industry group. Burford Capital and Capital Southwest are also among the group's highest-rated stocks.
