One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Howard Hughes Holdings cleared that benchmark Wednesday, with a jump from 76 to 82 Wednesday.
IBD's proprietary RS Rating measures market leadership by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners tend to have an 80 or better RS Rating in the early stages of their moves.
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Howard Hughes Holdings is still inside a buy range after moving past a 78.35 entry in a flat base. Once a stock moves 5% or higher beyond the original entry, it's considered out of buy range.
EPS growth fell last quarter from 555% to 209%, but sales rose from 20% to 43%.
The company holds the No. 7 rank among its peers in the Real Estate-Development/Operations industry group. Amrep Corp, CBRE Group and FirstService are among the top 5 highly rated stocks within the group.
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