On Tuesday, Norwegian Cruise Line received an upgrade to its Relative Strength (RS) Rating, from 66 to 75.
When looking for the best stocks to buy and watch, be sure to pay attention to relative price strength.
IBD's unique RS Rating identifies market leadership by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
Decades of market research reveals that the best stocks tend to have an 80 or higher RS Rating as they begin their largest runs. See if Norwegian Cruise Line can continue to rebound and clear that threshold.
Looking For Winning Stocks? Try This Simple Routine
Norwegian Cruise Line is working on a cup without handle with an 18.12 buy point. It is currently on an 8-day positive-closing streak. Yesterday and likely today the stock will close near the high's of the day. Now let's see if it can break out in volume at least 40% higher than normal.
The company posted 0% earnings growth in its most recent report, while sales growth came in at 249%.
The company holds the No. 10 rank among its peers in the Leisure-Services industry group. Royal Caribbean Group and Life Time Group Holdings are also among the group's highest-rated stocks.
Stocks To Buy And Watch: Top IPOs, Big And Small Caps, Growth Stocks
