When putting together your watch list, focus on stocks with an 80 or higher RS Rating. Expedia Group just met that criteria with a new score of 82, prior to today's opening and based on yesterday's positive move. Unfortunately, it gapped down at the market open and so far has continued to fall.
When you're researching the best stocks to buy and watch, be sure to pay attention to relative price strength.
IBD's unique rating tracks market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks holds up against all the other stocks in our database.
History shows that the top-performing stocks tend to have an RS Rating of over 80 in the early stages of their moves.
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Expedia Group is trying to complete a cup with handle with a 114.37 entry. See if the stock can reverse today's move and then break out in volume at least 40% above average.
EPS growth declined in the company's most recent report from 19% to 0%, but revenue rose from 15% to 18%.
The company earns the No. 5 rank among its peers in the Leisure-Travel Booking industry group. Booking Holdings and Trip.com Group ADR are also among the group's highest-rated stocks.
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