Baidu ADR had its Relative Strength (RS) Rating upgraded from 68 to 76 Friday — a welcome improvement, but still shy of the 80 or better score you prefer to see.
This proprietary rating identifies technical performance by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
Decades of market research shows that the stocks that go on to make the biggest gains tend to have an RS Rating north of 80 in the early stages of their moves. See if Baidu ADR can continue to rebound and clear that threshold.
When To Sell Stocks To Lock In Profits And Minimize Losses
Baidu ADR is trying to complete a consolidation with a 116.25 entry. See if it can clear the breakout price in heavy trade.
Baidu ADR showed -15% EPS growth last quarter, while sales growth came in at -5%.
The company holds the No. 20 rank among its peers in the Internet-Content industry group. Kanzhun ADR, Meta Platforms and Full Truck Alliance ADR are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
RELATED:
Which Stocks Are Showing Rising Relative Strength?
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
