On Thursday, Trip.com Group stock earned an upgrade to its Relative Strength (RS) Rating, from 65 to 71.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
This exclusive rating from Investor's Business Daily identifies price performance with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database.
History reveals that the best stocks typically have an 80 or better RS Rating in the early stages of their moves. See if Trip.com Group stock can continue to rebound and hit that benchmark.
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Is Trip.com Group Stock A Buy?
Trip.com Group stock had a failed breakout from a long consolidation back in August. Since then, the stock has pulled back below its 50-day and 200-day moving average and is not currently near a potential buy zone. See if the online travel booking stock goes on to form a sound pattern that could launch a new move.
The online travel booking company showed 0% earnings growth last quarter. Sales rose 159%.
Trip.com Group stock holds the No. 3 rank among its peers in the Leisure-Travel Booking industry group. Booking Holdings and Trip.com Group ADR are also among the group's highest-rated stocks.
