Zillow Group Cl A had its Relative Strength (RS) Rating upgraded from 86 to 94 Friday.
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The grade 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 reveals that the best-performing stocks often have an RS Rating north of 80 in the early stages of their moves.
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Zillow Group Cl A is within a buying range after climbing above a 66.75 buy point in a consolidation. The proper buying range is up to 5% above the initial entry. Once a stock hits that benchmark, it's best to hold off investing and wait for it to set up another buying opportunity..
Earnings grew 6% last quarter, up from 0% in the prior report. Revenue also increased, from 13% to 17%.
The company holds the No. 8 rank among its peers in the Real Estate-Development/Operations industry group. Amrep Corp, CBRE Group and Alexander & Baldwin are among the top 5 highly rated stocks within the group.
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