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First Data Shows Rising Relative Price Performance; Still Shy Of Key Benchmark

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On Friday, First Data ( FDC ) received an upgrade to its Relative Strength ( RS ) Rating , from 69 to 75.

[ibd-display-video id=2102289 width=50 float=left autostart=true] IBD's proprietary RS Rating measures market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.

Decades of market research shows that the stocks that go on to make the biggest gains tend to have an RS Rating of over 80 as they launch their biggest runs. See if First Data can continue to show renewed price strength and hit that benchmark.

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First Data is working on a flat base with a 19.30 buy point . See if it can clear the breakout price in volume at least 40% above average.

While earnings-per-share growth decreased in the company's most recent performance report from 17% to 14%, the top line rose 3%, up from 1% in the prior report.

The company earns the No. 16 rank among its peers in the Finance-Card/Payment Processing industry group. PayPal ( PYPL ), Green Dot ( GDOT ) and Mastercard ( MA ) are among the top 5 highly rated stocks 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.


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

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