SeaWorld Entertainment stock saw a welcome improvement to its Relative Strength (RS) Rating on Wednesday, with an upgrade from 89 to 92.
When looking for the best stocks to buy and watch, be sure to pay attention to relative price strength. IBD's proprietary rating tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.
History reveals that the best-performing stocks often have an 80 or better RS Rating as they launch their largest price moves.
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Is SeaWorld Entertainment Stock A Buy?
SeaWorld Entertainment Stock retook its 50-day moving line. Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock is able to form a base and break out. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
While the company's top line growth fell last quarter from 391% to 141%, EPS grew 258%, up from 0% in the prior report. Keep an eye out for the company's next round of numbers on or around May 6.
SeaWorld Entertainment stock earns the No. 2 rank among its peers in the Leisure-Services industry group. Endeavor Group is the top-ranked stock within the group.
