On Monday, Expedia Group stock got a positive adjustment to its Relative Strength (RS) Rating, from 64 to 76.
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 tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history shows that the top-performing stocks typically have an RS Rating of above 80 in the early stages of their moves. See if Expedia Group stock can continue to rebound and hit that benchmark.
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Is Expedia Group Stock A Buy?
Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the online travel booking stock manages to establish and enter a buying range in heavy volume.
While revenue growth fell last quarter from 18% to 6%, earnings-per-share grew 47%, up from 0% in the prior report.
Expedia Group stock holds the No. 5 rank among its peers in the Leisure-Travel Booking industry group. MakeMyTrip and Trip.com Group ADR are also among the group's highest-rated stocks.
