On Tuesday, Wyndham Hotels & Resorts reached an important technical benchmark, seeing its Relative Strength (RS) Rating jump into the 80-plus percentile with an improvement to 83, up from 79 the day before.
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 performance over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the best-performing stocks typically have an RS Rating north of 80 in the early stages of their moves.
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While now is not an ideal time to invest, see if the stock goes on to offer and clear an appropriate buy point.
Earnings grew 14% last quarter, up from 6% in the prior report. Revenue also increased, from -1% to 6%. The next quarterly results are expected on or around Apr. 23.
The company earns the No. 4 rank among its peers in the Leisure-Lodging industry group. Atour Lifestyle Hldgs ADR is the top-ranked stock within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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