On Tuesday, Zillow Group Cl A got an upgrade to its Relative Strength (RS) Rating, from 88 to 91.
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the last 52 weeks compares to all the other stocks in our database.
Decades of market research reveals that the best stocks tend to have an RS Rating north of 80 in the early stages of their moves.
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Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock is able to establish and enter a buying range in heavy volume.
The company reported 45% earnings growth last quarter. Revenue rose 17%.
Zillow Group Cl A earns the No. 4 rank among its peers in the Real Estate-Development/Operations industry group. CBRE Group is the No. 1-ranked stock within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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