When looking for the best stocks to buy and watch, focus on those with rising relative price strength.
One stock that fits that bill is Crocs, which had its Relative Strength (RS) Rating upgraded from 72 to 84 Wednesday.
When looking for the best stocks to buy and watch, be sure to pay attention to relative price strength.
This exclusive rating from Investor's Business Daily measures price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the best stocks often have an 80 or better RS Rating in the early stages of their moves.
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Crocs is still inside a buy zone after breaking past an 83.74 buy point in a consolidation. It appears to be digesting recent earnings release numbers. Remember, once a stock moves 5% or higher beyond the original entry, it's considered extended and out of buy range.
EPS growth dropped in the company's most recent report from 45% to 20%, but revenue rose from 51% to 57%.
Crocs earns the No. 1 rank among its peers in the Apparel-Shoes & Related industry group.
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