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Stocks Showing Market Leadership: DST Systems Earns 92 RS Rating

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DST Systems ( DST ) saw a positive improvement to its Relative Strength ( RS ) Rating on Thursday, with an increase from 68 to 92.

[ibd-display-video id=2368044 width=50 float=left autostart=true] This unique rating tracks market leadership by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.

History reveals that the best stocks tend to have an 80 or higher RS Rating as they begin their largest runs.

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DST Systems is now considered extended and out of buy range after clearing a 61.21 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.

The company showed -1% earnings growth in the latest quarterly report, while sales growth came in at 45%. The company is expected to report its latest performance numbers on or around Jan. 26.

The company holds the No. 2 rank among its peers in the Computer Software-Financial industry group. Intuit ( INTU ) is the top-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.


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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