Banking

Stocks With Rising Relative Price Strength: Sohu.com

When building your watch list, look for stocks with an 80 or higher RS Rating. Sohu.com (SOHU) just cleared that benchmark with an upgrade from 78 to 84.




X



When looking for the best stocks to buy and watch, keep a close on eye on relative price strength.

IBD’s unique rating identifies share price action with a 1 (worst) to 99 (best) score. The score shows how a stock’s price movement 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 tend to have an RS Rating of over 80 as they begin their biggest runs.


Looking For Winning Stocks? Try This Simple Routine


Sohu.com is building a cup without handle with a 25.09 buy point. See if the stock can clear the breakout price in volume at least 40% above average.

Sohu.com saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 0% to 132%. Revenue rose from 24% to 28%.

The company holds the No. 1 rank among its peers in the Computer Software-Gaming industry group.

YOU MIGHT ALSO LIKE:

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

See How To Reduce Risk, Increase Profits With Swing Trading

Most Related Links :
reporterwings Governmental News Finance News

Source link

Back to top button