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 Pinterest stock, which had its Relative Strength (RS) Rating upgraded from 71 to 86 Wednesday.
When you're researching the best stocks to buy and watch, be sure to pay attention to relative price strength.
This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the last 52 weeks stacks up against all the other stocks in our database.
History reveals that the market's biggest winners often have an 80 or higher RS Rating in the early stages of their moves.
See How IBD Helps You Make More Money In Stocks
Is Pinterest Stock A Buy?
Pinterest stock has been trading in a tight range in recent months and is not currently showing a potential buy point. See if the stock goes on to form a base that could launch a new move. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
While revenue growth fell last quarter from 8% to 4%, EPS grew -41%, up from -61% in the previous report.
Pinterest stock earns the No. 20 rank among its peers in the Internet-Content industry group. Baidu ADR and Meta Platforms are also among the group's highest-rated stocks.
