On Monday, Booking Holdings got a positive adjustment to its Relative Strength (RS) Rating, from 89 to 94.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength. This unique 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 reveals that the top-performing stocks often have an RS Rating of over 80 at the beginning of a new price run.
Weekly Earnings Calendar For Stocks To Watch
The IBD 50 stock has climbed more than 5% (as of this posting, 16%) past a 2,786.85 entry in a first-stage flat base, meaning it's now out of a proper buy range. Look for the stock to offer a new chance to get in like a three-weeks tight or pullback to the 50-day or 10-week line.
The company posted 97% earnings growth in the latest quarterly report, while sales growth came in at 27%.
Booking Holdings earns the No. 2 rank among its peers in the Leisure-Travel Booking industry group. Trip.com Group ADR is the top-ranked stock within the group.
Stocks To Buy And Watch: Top IPOs, Big And Small Caps, Growth Stocks
