The Relative Strength (RS) Rating for Playtika Holding stock moved up into a new percentile Monday, as it got a lift from 61 to 75.
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 behavior over the trailing 52 weeks holds up against all the other stocks in our database.
History shows that the stocks that go on to make the biggest gains typically have an RS Rating of above 80 in the early stages of their moves. See if Playtika Holding stock can continue to rebound and clear that threshold.
Looking For Winning Stocks? Try This Simple Routine
Is Playtika Holding Stock A Buy?
Playtika Holding stock is working on a cup without handle with a 12.66 buy point. See if it can clear the breakout price in heavy trade.
In terms of revenue and profits, the gaming software firm has posted rising EPS growth over the last three quarters. Revenue gains have been a different story, coming in at -3% last quarter.
Playtika Holding stock earns the No. 10 rank among its peers in the Computer Software-Gaming industry group. SciPlay and NeoGames are also among the group's highest-rated stocks.