When looking for the best stocks to buy and watch, focus on those with rising relative price strength.
One stock that fits that bill is KE Holdings stock, which had its Relative Strength (RS) Rating upgraded from 70 to 83 Thursday.
When you're researching the best stocks to buy and watch, keep a close on eye on relative price strength.
IBD's unique rating measures market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research shows that the stocks that go on to make the biggest gains tend to have an 80 or better RS Rating in the early stages of their moves.
Looking For Winning Stocks? Try This Simple Routine
Is KE Holdings Stock A Buy?
KE Holdings stock is building a consolidation with a 21.08 buy point. See if it can break out in volume at least 40% higher than normal.
EPS growth decreased in the company's latest report from 1,800% to 0%, but revenue rose from -13% to 49%. The company is expected to report its latest results on or around Aug. 9.
KE Holdings stock holds the No. 6 rank among its peers in the Real Estate-Development/Operations industry group. Corp America Airports and Forestar Group are also among the group's highest-rated stocks.
