Focus on stocks with rising relative prices when looking for the best stocks you should buy and monitor.
One stock that meets this criteria is Fiserv's (FISV), which on Wednesday saw its Relative Strength Rating (RS) rating improve from 89 up to 92.
Pay attention to the relative strength of prices when looking for stocks to watch and buy. Investor's Business Daily has created an exclusive score that identifies the market leaders with a score ranging from 1 (worst to 99 (best). The grade compares the price movements of stocks over the past 52 weeks to other stocks in our database.
The best stocks have an RS rating of 80 or higher when they start their largest runs.
IBD 50 has broken out, but it's now fallen below its previous entry price of 119.58 from a flat basis. When a stock that you are watching clears the buy point and then drops 7% or higher below its original entry price it is considered to be a failed basis. Wait for the stock's breakout and new base. Fiserv is returning, and moving towards its previous entry point. Watch this IBD stock closely.
The growth in earnings decreased from 22% to just 13% during the last quarter. Sales increased from 9% up to 10%.
Fiserv is ranked No.4 among its peers in the Financial Services-Specialty industry group. Fiserv stock holds the No. Ambac Financial Group and Cboe Global Markets are two of the five most highly-rated stocks in the group.
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Investor's Business Daily published the post Fiserv Stock scores Relative strength rating upgrade.