In a welcome move, T-Mobile US stock saw its Relative Strength Rating improve from 69 to 74 on Friday.
When you're researching the best stocks to buy and watch, keep a close on eye on relative price strength.
This unique rating measures market leadership by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
History shows that the stocks that go on to make the biggest gains often have an RS Rating north of 80 in the early stages of their moves. See if T-Mobile US stock can continue to rebound and hit that benchmark.
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Is T-Mobile US Stock A Buy?
T-Mobile US stock is building a consolidation with a 154.38 entry. This is not the time to buy stocks during a market correction, but build a watchlist of possible emerging leaders once the market trend turns around.
Earnings growth dropped last quarter from 64% to 6%. But revenue gains moved higher, from -3% to -1%.
T-Mobile US stock earns the No. 3 rank among its peers in the Telecom Services-Wireless industry group. Spok Holdings and T-Mobile US are also among the group's highest-rated stocks.
