Stocks Generating Improved Relative Strength: ManpowerGroup

The Relative Strength (RS) Rating for ManpowerGroup (MAN) moved up into a new percentile Monday, as it got a lift from 70 to 74.

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

IBD’s unique rating measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock’s price performance over the trailing 52 weeks holds up against all the other stocks in our database.

Decades of market research reveals that the stocks that go on to make the biggest gains typically have an RS Rating north of 80 as they begin their biggest runs. See if ManpowerGroup can continue to rebound and hit that benchmark.

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ManpowerGroup is building a consolidation with a 125.17 buy point. See if it can break out in heavy volume. It’s a later-stage pattern, and investors should be aware that those are less likely to lead to significant gains.

In terms of fundamentals, ManpowerGroup has posted rising EPS growth in each of the last four reports. Revenue growth has also risen during the same period.

The company holds the No. 9 rank among its peers in the Commercial Services-Staffing industry group. Headhunter Group (HHR) and Cross Country Healthcare (CCRN) are also among the group’s highest-rated stocks.


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