Expedia Group saw an improvement in its IBD SmartSelect Composite Rating Tuesday, from 94 to 96.
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The upgrade means the stock is now outperforming 96% of all other stocks in terms of key performance metrics and technical strength. The top-performing stocks tend to have a 95 or better grade as they kick off a significant move so be sure to keep that in mind when looking for the best stocks to buy and watch.
Expedia Group is currently extended beyond a proper buy zone after breaking out from a 177.91 entry in a cup with handle.
The stock has a 99 EPS Rating, meaning its recent quarterly and longer-term annual earnings growth is outpacing 99% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
The company reported 90% earnings growth for Q1. It has now posted accelerating EPS increases for two consecutive quarters. Revenue growth fell to 3%, down from 10% in the previous quarter. The company's next quarterly report is expected on or around Aug. 7.
Expedia Group earns the No. 2 rank among its peers in the Leisure-Travel Booking industry group. Booking Holdings is the No. 1-ranked stock within the group.
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