When considering what names to put on your watch list, look for stocks with an 80 or higher RS Rating. PDD Holdings stock is one stock that just reached the mark, now earning a score of 83.
IBD's unique rating tracks market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the best stocks tend to have an RS Rating north of 80 in the early stages of their moves.
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Is PDD Holdings Stock A Buy?
The Sector Leaders stock is building a consolidation with a 164.69 buy point. See if the Chinese e-commerce stock can clear the breakout price in heavy trading.
The Chinese e-commerce company showed 122% EPS growth in the latest quarterly report. Revenue gains came in at 85%.
PDD Holdings stock holds the No. 1 rank among its peers in the Retail-Internet industry group. PDD Holdings ADR and MercadoLibre are also among the group's highest-rated stocks. For more industry news, check out "Retail Industry News And Stocks To Watch."
