Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY and GLENN LARKIN

Trade Desk Stock Shows Rising Relative Price Performance; Nearing Key Threshold

Trade Desk had its Relative Strength (RS) Rating upgraded from 66 to 71 Tuesday -- a welcome improvement, but still short of the 80 or better 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 unique rating tracks market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the last 52 weeks matched up against all other stocks.

Decades of market research reveals that the stocks that go on to make the biggest gains tend to have an 80 or higher RS Rating in the early stages of their moves. See if Trade Desk can continue to rebound and clear that threshold.

Looking For The Best Stocks To Buy And Watch? Start Here

While the stock is not near an ideal buying range right now, see if it is able to form and break out from a proper consolidation as it continues to move in a positive direction. It is getting close to clearing key moving averages on a MarketSmith chart.

Earnings News

Trade Desk showed 11% EPS growth in its most recent report, while sales growth came in at 35%.

Trade Desk earns the No. 1 rank among its peers in the Commercial Services-Advertising industry group.

​Stocks To Buy And Watch: Top IPOs, Big And Small Caps, Growth Stocks

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.