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Investors Business Daily
Investors Business Daily
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INVESTOR'S BUSINESS DAILY

OneMain Holdings Earns IBD Rating Upgrade

OneMain Holdings saw a welcome improvement to its Relative Strength (RS) Rating on Thursday, with an increase from 70 to 78.

This proprietary rating identifies technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price performance over the trailing 52 weeks compares to the rest of the market.

Over 100 years of market history shows that the market's biggest winners tend to have an 80 or better RS Rating as they launch their largest runs. See if OneMain Holdings can continue to rebound and hit that benchmark.

Can You Really Time The Stock Market?

OneMain Holdings is trying to complete a consolidation with a 54.94 entry. See if it can break out in volume at least 40% higher than normal.

Earnings grew -19% last quarter, up from -31% in the prior report. Revenue also increased, from 4% to 7%.

OneMain Holdings holds the No. 16 rank among its peers in the Finance-Consumer Loans industry group. Enova International, SoFi Technologies and Nelnet A are among the top 5 highly rated stocks within the group.

RELATED:

IBD Stock Rating Upgrades: Rising Relative Strength

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How Relative Strength Line Can Help You Judge A Stock

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