One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Trade Desk stock now clears that threshold, with a jump from 63 to 81 Wednesday.
When you're researching the best stocks to buy and watch, be sure to pay attention to relative price strength.
This exclusive rating from Investor's Business Daily measures share price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks holds up against all the other stocks in our database.
History reveals that the best-performing stocks often have an 80 or better RS Rating in the early stages of their moves.
Looking For Winning Stocks? Try This Simple Routine
Is Trade Desk Stock A Buy?
Trade Desk stock is trying to complete a cup with handle with a 66.45 buy point. See if it can clear the breakout price in heavy trading. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
The ad tech company showed -10% earnings growth in its most recent report. Sales increased 24%.
Trade Desk stock earns the No. 2 rank among its peers in the Commercial Services-Advertising industry group. Trade Desk and Omnicom Group are also among the group's highest-rated stocks.
