The Relative Strength (RS) Rating for Nexstar Media stock headed into a higher percentile Monday, as it got a lift from 62 to 71.
This exclusive rating from Investor's Business Daily measures share price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks compares to all the other stocks in our database.
History shows that the market's biggest winners often have an 80 or better RS Rating as they begin their largest runs. See if Nexstar Media stock can continue to rebound and clear that threshold.
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Is Nexstar Media Stock A Buy?
Nexstar Media stock is working on a cup without handle with a 185.42 entry. See if the media stock can clear the breakout price in heavy trading. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
The diversified media company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -37% to 74%. Revenue rose from -12% to 2%. The next quarterly numbers are expected on or around Aug. 8.
Nexstar Media stock earns the No. 1 rank among its peers in the Media-Radio/TV industry group. Townsquare Media Cl A and TEGNA are also among the group's highest-rated stocks.
