Booking Holdings saw an improvement in its IBD SmartSelect Composite Rating Tuesday, from 93 to 96.
The revised score means the stock currently tops 96% of all other stocks in terms of key performance metrics and technical strength. The market's biggest winners often have a 95 or higher score in the early stages of a new price run, so that's a good starting point when looking for the best stocks to buy and watch.
Booking Holdings has now climbed above a proper buy zone after clearing the 3,940.25 entry in a cup with handle.
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The stock has a 93 EPS Rating, which means its recent quarterly and annual earnings growth tops 93% of all stocks.
Its Accumulation/Distribution Rating of B- shows moderate buying by institutional investors over the last 13 weeks.
In Q3, the company posted 16% earnings-per-share growth. Top line growth rose 9%, up from 7% in the prior quarter. That marks one quarter of rising revenue increases.
Booking Holdings holds the No. 5 rank among its peers in the Leisure-Travel Booking industry group. MakeMyTrip is the No. 1-ranked stock within the group.
