Pinterest stock had its Relative Strength (RS) Rating upgraded from 61 to 74 Wednesday -- a welcome improvement, but still short of the 80 or higher score you look for.
As you try to find the best stocks to buy and watch, keep a close on eye on relative price strength.
This proprietary rating tracks market leadership by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
History shows that the top-performing stocks tend to have an RS Rating of above 80 in the early stages of their moves. See if Pinterest stock can continue to show renewed price strength and clear that threshold.
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Is Pinterest Stock A Buy?
Pinterest stock is building a wide and narrow consolidation with a 29.27 entry. See if it can break out in volume at least 40% higher than normal.
Earnings grew -20% last quarter, up from -41% in the prior report. Revenue also increased, from 4% to 5%. The company is expected to report its latest numbers on or around Jul. 27.
Pinterest stock earns the No. 25 rank among its peers in the Internet-Content industry group. LegalZoom.com and Weave Communications are also among the group's highest-rated stocks.
