When looking for the best stocks to buy and watch, focus on those with rising relative price strength.
One stock that fits that bill is Norwegian Cruise Line, which had its Relative Strength (RS) Rating upgraded from 76 to 81 Tuesday.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
IBD's proprietary RS Rating tracks technical performance by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
Over 100 years of market history reveals that the top-performing stocks often have an 80 or higher RS Rating as they launch their biggest climbs.
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While it's not currently an ideal time to invest, see if the stock is able to form a chart pattern and break out. At the moment the stock is fighting to clear a couple more key moving averages.
The company posted 0% earnings growth last quarter, although revenue rose 955%.
The company earns the No. 13 rank among its peers in the Leisure-Services industry group. OneSpaWorld Holdings and Avis Budget Group are also among the group's highest-rated stocks.
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