When considering what names to put on your watch list, look for stocks with an 80 or higher RS Rating. Shift4 Payments just cleared that benchmark with an upgrade from 80 to 85.
This proprietary rating tracks market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price performance over the last 52 weeks matches up against the rest of the market.
Decades of market research reveals that the market's biggest winners often have an RS Rating of at least 80 in the early stages of their moves.
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Shift4 Payments is not currently near a potential buying area. See if the stock goes on to build a base that could kick off a new price move.
Earnings growth rose last quarter from 27% to 78%. But revenue gains fell from 35% to 26%.
The company earns the No. 4 rank among its peers in the Finance-Card/Payment Processing industry group. Cantaloupe is the top-ranked stock within the group.
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