In a welcome move, Hertz Global Holdings stock saw its Relative Strength Rating rise from 68 to 73 on Tuesday.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
This exclusive rating from Investor's Business Daily identifies share price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the last 52 weeks compares to all the other stocks in our database.
History reveals that the market's biggest winners typically have an 80 or higher RS Rating in the early stages of their moves. See if Hertz Global Holdings stock can continue to show renewed price strength and hit that benchmark.
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Is Hertz Global Holdings Stock A Buy?
Hertz Global Holdings stock is trying to complete a cup with handle with an 18.26 buy point. See if it can break out in heavy trade.
While EPS growth fell in the prior quarter from -45% to -55%, revenue grew 13%, up from 4% in the prior report.
Hertz Global Holdings stock holds the No. 25 rank among its peers in the Leisure-Services industry group. Carnival and OneSpaWorld Holdings are also among the group's highest-rated stocks.
