The Relative Strength (RS) Rating for Caesars Entertainment stock entered a new percentile Thursday, with a rise from 73 to 81.
When looking for the best stocks to buy and watch, be sure to pay attention to relative price strength.
IBD's unique rating tracks price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.
Over 100 years of market history shows that the market's biggest winners tend to have an 80 or better RS Rating as they launch their biggest price moves.
See How IBD Helps You Make More Money In Stocks
Is Caesars Entertainment Stock A Buy?
Caesars Entertainment is not currently showing a potential buy point. See if the stock goes on to build a sound pattern that could ignite a new run.
While revenue growth fell last quarter from 23% to 2%, EPS grew 2,563%, up from 0% in the previous report.
Caesars Entertainment stock earns the No. 8 rank among its peers in the Leisure-Gaming/Equipment industry group. DraftKings and Light & Wonder are also among the group's highest-rated stocks.
