Howard Hughes Holdings saw a welcome improvement to its Relative Strength (RS) Rating on Wednesday, rising from 68 to 75.
IBD's unique rating tracks price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks compares to all the other stocks in our database.
History reveals that the best stocks typically have an 80 or higher RS Rating as they begin their largest runs. See if Howard Hughes Holdings can continue to show renewed price strength and clear that threshold.
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Howard Hughes Holdings is still inside a buying range after clearing a 78.35 buy point in a flat base. The proper buying range extends to 5% above the initial entry. Once a stock hits that benchmark, it's best to wait for it to set up another buying opportunity..
Earnings growth dropped last quarter from 555% to 209%. But revenue gains moved higher, from 20% to 43%.
The company holds the No. 5 rank among its peers in the Real Estate-Development/Operations industry group. Amrep Corp is the No. 1-ranked stock within the group.
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