On Tuesday, MarketAxess Holdings earned an upgrade to its Relative Strength (RS) Rating, from 69 to 75.
IBD's unique RS Rating tracks technical performance by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
Decades of market research reveals that the market's biggest winners tend to have an RS Rating of over 80 as they launch their biggest runs. See if MarketAxess Holdings can continue to show renewed price strength and clear that threshold.
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While it's not currently an ideal time to jump in, see if the stock goes on to offer and clear a proper buy point.
Taking a look at revenue and profit performance, MarketAxess Holdings has posted rising EPS growth in each of the last two reports. Sales gains have also increased over the same time frame.
The company holds the No. 20 rank among its peers in the Finance-Investment Banking/Brokers industry group. Jefferies Financial Group, Perella Weinberg Ptrs and Stifel Financial are among the top 5 highly rated stocks within the group.
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