In a welcome move, Baidu stock saw its Relative Strength Rating improve from 68 to 71 on Thursday.
When looking for the best stocks to buy and watch, be sure to pay attention to relative price strength.
This unique rating identifies technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the trailing 52 weeks matched up against all other stocks.
History reveals that the market's biggest winners typically have an RS Rating of above 80 as they begin their largest climbs. See if Baidu can continue to rebound and clear that threshold.
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Is Baidu Stock A Buy?
Baidu stock is working on a long and narrow consolidation with a 182.70 buy point. See if the stock can break out in heavy trading. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
Earnings growth rose last quarter from -41% to -6%. But sales fell from 12% to 4%.
Baidu stock earns the No. 8 rank among its peers in the Internet-Content industry group. Alphabet and Alphabet are also among the group's highest-rated stocks.
