STRIDE INC (NYSE:LRN) – A Strong Growth Stock with a Technical Breakout Pattern

STRIDE INC (NYSE:LRN) was identified by our screener as a strong growth stock with a favorable technical setup. The company combines solid fundamentals with a promising chart pattern, making it worth a closer look.

Strong Growth Fundamentals

• Growth Rating (8/10): LRN has demonstrated impressive growth, with earnings per share (EPS) increasing by 50.47% over the past year and revenue growing at 14.90%. Future estimates suggest continued growth, with EPS expected to rise by 22.07% annually.
• Profitability Rating (9/10): The company maintains strong margins, including a 13.10% profit margin and a 16.49% operating margin, outperforming most peers in the Diversified Consumer Services industry.
• Financial Health (7/10): LRN has a solid balance sheet, with a current ratio of 5.61 and a quick ratio of 5.53, indicating strong liquidity. Its debt-to-equity ratio of 0.33 is well-managed.

Technical Setup

• Technical Rating (8/10): LRN has outperformed 96% of all stocks over the past year and remains in an uptrend despite recent consolidation.
• Support Levels: Key support zones exist between $142.54-$145.45, providing a potential entry point with a stop-loss below.
• Breakout Potential: The stock is currently pulling back after a strong run, which could present a buying opportunity if it holds above support. A recent Pocket Pivot signal suggests accumulation.

Our Strong Growth Stocks with Good Technical Setup Ratings screener lists more stocks meeting these criteria.
For a deeper dive, review the full fundamental report and technical analysis.

Disclaimer

This is not investing advice. Always conduct your own research before making investment decisions.