When considering what names to put on your watch list, look for stocks with an 80 or higher RS Rating. KE Holdings ADR just met that criteria with a new score of 81.
IBD's proprietary RS Rating identifies technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the trailing 52 weeks matches up against the rest of the market.
Over 100 years of market history reveals that the best stocks often have an RS Rating north of 80 as they begin their biggest runs.
Risk Management In The Stock Market: How Much Money To Invest Now
Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock is able to establish and enter a buying range in heavy volume.
Earnings growth slowed last quarter from 15% to -12%. But revenue gains moved higher, from 20% to 32%. Keep an eye out for the company's next round of numbers on or around Mar. 13.
The company earns the No. 13 rank among its peers in the Real Estate-Development/Operations industry group. CBRE Group, Grupo Aeroportuario ADR and Newmark Group are among the top 5 highly rated stocks within the group.
RELATED:
IBD Stock Rating Upgrades: Rising Relative Strength
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
