Discover Financial Services Earns Relative Strength Rating Upgrade

The Relative Strength (RS) Rating for Discover Financial Services (DFS) climbed into a new percentile Wednesday, as it got a lift from 69 to 72.


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

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

History shows that the stocks that go on to make the biggest gains often have an 80 or better RS Rating as they launch their biggest climbs. See if Discover Financial Services can continue to rebound and hit that benchmark.

See How IBD Helps You Make More Money In Stocks

Discover Financial Services is trying to complete a consolidation with a 133.50 buy point. See if it can clear the breakout price in heavy trade.

While revenue growth fell last quarter from 23% to -3%, earnings-per-share grew 44%, up from 0% in the previous report.

The company holds the No. 4 rank among its peers in the Finance-Card/Payment Processing industry group. Everi (EVRI) and Discover Financial Services (DFS) are also among the group’s highest-rated stocks.


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