Stock Upgrades: Hercules Capital Shows Rising Relative Strength

In a welcome move, Hercules Capital (HTGC) saw its Relative Strength Rating improve from 61 to 72 on Friday.

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

This exclusive rating from Investor’s Business Daily tracks price performance with a 1 (worst) to 99 (best) score. The rating shows how a stock’s price movement over the last 52 weeks holds up against all the other stocks in our database.

Over 100 years of market history shows that the market’s biggest winners typically have an RS Rating of over 80 as they begin their biggest runs. See if Hercules Capital can continue to show renewed price strength and hit that benchmark.

Looking For The Best Stocks To Buy And Watch? Start Here

Hercules Capital is working on a double bottom with a 16.00 buy point. See if it can clear the breakout price in heavy trade.

Top and bottom line growth moved higher last quarter. Earnings were up 18%, compared to 0% in the prior report. Revenue increased from 4% to 20%.

The company holds the No. 11 rank among its peers in the Finance-Investment Management industry group. PJT Partners (PJT) and Steel Partners (SPLP) are also among the group’s highest-rated stocks.


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