Banking

Stock Upgrades: SLM Shows Rising Relative Strength

When considering what names to put on your watch list, focus on stocks with an 80 or higher RS Rating. SLM (SLM) just met that criteria with a new score of 82.




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When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.

This unique rating measures technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock’s price performance over the trailing 52 weeks matches up against other publicly traded companies.

History shows that the best-performing stocks tend to have an RS Rating of at least 80 in the early stages of their moves.


Looking For The Best Stocks To Buy And Watch? Start Here


SLM is working on a consolidation with a 21.50 buy point. See if it can break out in heavy trade.

SLM posted negative growth for both the top and bottom lines last quarter.

The company holds the No. 9 rank among its peers in the Finance-Consumer Loans industry group. Upstart Holdings (UPST) and Credit Acceptance (CACC) are also among the group’s highest-rated stocks.

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