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 Rocket Cos., which saw a welcome improvement to its Relative Strength (RS) Rating on Friday, rising from 84 to 92.
When looking for the best stocks to buy and watch, keep a close on eye on relative price strength. This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the stocks that go on to make the biggest gains tend to have an RS Rating north of 80 in the early stages of their moves.
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Rocket Cos. is building a cup without handle with an 11.47 entry. See if the stock can break out in volume at least 40% higher than normal.
Earnings News
Rocket Cos. posted 0% earnings growth in its most recent report. Revenue gains came in at -58%. Look for the next report on or around Feb. 23.
Rocket Cos. earns the No. 10 rank among its peers in the Finance-Mortgage & Related Services industry group. Fed Agric Mtg Cl C, Fed Agric Mtg Cl A and NMI Holdings Cl A are among the top 5 highly rated stocks within the group.
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