United Airlines stock saw a positive improvement to its Relative Strength (RS) Rating on Tuesday, rising from 89 to 93. The airliner stock is featured as IBD's Stock of the Day.
As you try to find the best stocks to buy and watch, keep a close on eye on relative price strength. This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks compares to all the other stocks in our database.
History shows that the top-performing stocks tend to have an RS Rating of at least 80 as they launch their biggest price moves.
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Is United Airlines Stock A Buy?
The IBD 50 stock broke out earlier, but has fallen back slightly below the prior 45.67 entry from a cup with handle, standing at the doors of the buy zone. Keep an eye on this airliner stock to see if the stock holds its strength and moves higher.
The airliner reported 0% earnings growth in the latest quarterly report. Revenue increased 66%.
United Airlines stock holds the No. 2 rank among its peers in the Transportation-Airline industry group. Copa Holdings Cl A is the top-ranked stock within the group. For more industry news, check out "Airline Industry News And Stocks To Watch."
