The Relative Strength (RS) Rating for ZTO Express (Cayman) ADR jumped into a new percentile Wednesday, as it got a lift from 69 to 72.
This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database.
Over 100 years of market history reveals that the top-performing stocks tend to have an 80 or better RS Rating as they launch their biggest climbs. See if ZTO Express (Cayman) ADR can continue to show renewed price strength and clear that threshold.
When To Sell Stocks To Lock In Profits And Minimize Losses
While it's not currently an ideal time to jump in, see if the stock goes on to offer and clear a proper buy point.
Top and bottom line growth moved higher in the company's most recent quarter. Earnings were up 12%, compared to 9% in the prior report. Revenue increased from 5% to 10%. The next quarterly results are expected on or around Nov. 19.
ZTO Express (Cayman) ADR holds the No. 2 rank among its peers in the Transportation-Logistics industry group. XPO is the No. 1-ranked stock within the group.
RELATED:
Stocks With Rising Relative Strength Ratings
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
