Trade Desk stock saw a welcome improvement to its Relative Strength (RS) Rating on Friday, with an increase from 67 to 72.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
IBD's unique rating measures price performance with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the trailing 52 weeks stacks up against all the other stocks in our database.
Decades of market research shows that the best stocks tend to have an 80 or better RS Rating as they launch their biggest climbs. See if Trade Desk Cl A can continue to show renewed price strength and clear that threshold.
See How IBD Helps You Make More Money In Stocks
Is Trade Desk Stock A Buy?
Trade Desk stock soared 19% on Friday on positive earnings news, clearing a consolidation with a 91.85 buy point. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
The steaming digital advertising company reported 8% EPS growth in its most recent report, while sales growth came in at 23%.
Trade Desk stock earns the No. 1 rank among its peers in the Commercial Services-Advertising industry group.
