Stocks Showing Improving Market Leadership: Black Knight Financial Services Earns 81 RS Rating

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When building your watch list, focus on stocks with an 80 or higher RS Rating . Black Knight Financial Services ( BKI ) just met that criteria with a new score of 81.

[ibd-display-video id=2881825 width=50 float=left autostart=true] IBD's unique RS Rating identifies technical performance by showing how a stock's price action over the last 52 weeks measures up against that of other stocks on the major indexes.

History shows that the top-performing stocks typically have an RS Rating north of 80 as they launch their biggest price moves.

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Black Knight Financial Services is now considered extended and out of buy range after clearing a 47.65 buy point in a first-stage flat base . See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week moving average.

Taking a look at revenue and profit performance, Black Knight Financial Services has posted rising EPS growth over the last two quarters. Sales growth has been less impressive, coming in at -1% in the most recent report. The company is expected to release its next quarterly numbers on or around Feb. 1.

Black Knight Financial Services earns the No. 4 rank among its peers in the Computer Software-Financial industry group. Intuit ( INTU ) is the No. 1-ranked stock within the group.


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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Stocks
Referenced Symbols: BKI , INTU

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