On Thursday, Expedia Group got an upgrade to its Relative Strength (RS) Rating, from 64 to 71.
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This unique rating measures market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the market's biggest winners typically have an 80 or higher RS Rating as they launch their biggest price moves. See if Expedia Group can continue to show renewed price strength and hit that benchmark.
While the stock is not near an ideal buying range right now, see if it is able to form and break out of a proper base.
Earnings grew 39% last quarter, up from 13% in the prior report. Revenue also increased, from 3% to 10%. The next quarterly results are expected on or around May 8.
Expedia Group holds the No. 4 rank among its peers in the Leisure-Travel Booking industry group. MakeMyTrip is the No. 1-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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