In a welcome move, INVESCO saw its Relative Strength Rating improve from 69 to 74 on Monday.
This exclusive rating from Investor's Business Daily identifies share price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database.
History shows that the market's biggest winners typically have an RS Rating north of 80 as they launch their biggest runs. See if INVESCO can continue to show renewed price strength and hit that benchmark.
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While it's not currently an ideal time to invest, see if the stock is able to form a base and break out.
Earnings growth dropped in the company's most recent report from 39% to 26%, but revenue rose from 3% to 5%.
The company holds the No. 36 rank among its peers in the Finance-Investment Management industry group. KKR, Blue Owl Capital and WisdomTree are among the top 5 highly rated stocks within the group.
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