When looking for the best stocks to buy and watch, focus on those with rising relative price strength.
One stock that fits that bill is Airbnb stock, which had its Relative Strength (RS) Rating upgraded from 67 to 81 Tuesday.
When looking for the best stocks to buy and watch, be sure to pay attention to relative price strength.
IBD's proprietary rating tracks market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.
History reveals that the stocks that go on to make the biggest gains typically have an RS Rating of at least 80 as they begin their biggest runs.
Looking For The Best Stocks To Buy And Watch? Start Here
Is Airbnb Stock A Buy?
Airbnb stock is building a consolidation with a 144.63 buy point. See if the stock can clear the breakout price in heavy trading.
The alternate travel stay company reported 0% EPS growth in its most recent report, while sales growth came in at 20%.
Airbnb stock holds the No. 4 rank among its peers in the Leisure-Travel Booking industry group. Trip.com Group ADR and Airbnb are also among the group's highest-rated stocks.
