CBIZ had its Relative Strength (RS) Rating upgraded from 68 to 72 Wednesday — a welcome improvement, but still short of the 80 or higher score you look for.
IBD's unique rating identifies price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows 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 CBIZ can continue to rebound and hit that benchmark.
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CBIZ is trying to complete a cup without handle with an 86.36 buy point. See if the stock can clear the breakout price in heavy trading.
The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -9% to 27%. Revenue rose from 5% to 7%.
CBIZ earns the No. 7 rank among its peers in the Commercial Services-Consulting industry group. CRA International, Leidos Holdings and Huron Consulting Group are among the top 5 highly rated stocks within the group.
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