Baidu ADR saw a positive improvement to its Relative Strength (RS) Rating on Friday, with an upgrade from 68 to 76.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's proprietary RS Rating tracks market leadership by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
Over 100 years of market history reveals that the best stocks typically have an RS Rating north of 80 as they begin their biggest climbs. See if Baidu ADR can continue to rebound and hit that benchmark.
While it's not currently an ideal time to buy shares, see if the stock manages to form a consolidation and break out.
Baidu ADR showed -15% EPS growth in its most recent report, while sales growth came in at -5%. The company is expected to report its latest performance numbers on or around May 21.
The company earns the No. 20 rank among its peers in the Internet-Content industry group. Full Truck Alliance ADR, Tencent Music Ent ADR and Meta Platforms are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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