On Friday, Omnicom Group received an upgrade to its Relative Strength (RS) Rating, from 70 to 77.
IBD's proprietary RS Rating identifies technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the last 52 weeks stacks up against all the other stocks in our database.
Decades of market research shows that the market's biggest winners tend to have an 80 or higher RS Rating as they launch their biggest price moves. See if Omnicom Group can continue to rebound and hit that benchmark.
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While Omnicom Group is not near a proper buy point right now, see if it goes on to form and break out of a proper base.
Taking a look at top and bottom line numbers, the company has posted rising EPS growth in each of the last two reports. Revenue growth has also increased over the same time frame.
The company earns the No. 7 rank among its peers in the Commercial Services-Advertising industry group. Gambling.com, Trade Desk Cl A and Viad Corp are among the top 5 highly rated stocks within the group.
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