Cushman&Wakefield had its Relative Strength (RS) Rating upgraded from 67 to 72 Thursday -- a welcome improvement, but still short of the 80 or higher score you prefer to see.
When you're researching the best stocks to buy and watch, be sure to pay attention to relative price strength.
This unique rating tracks market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the trailing 52 weeks compares to the rest of the market.
Decades of market research shows that the stocks that go on to make the biggest gains often have an 80 or higher RS Rating as they begin their biggest climbs. See if Cushman&Wakefield can continue to show renewed price strength and hit that benchmark.
See How IBD Helps You Make More Money In Stocks
Cushman&Wakefield is building a cup with handle with a 19.52 buy point. See if it can clear the breakout price in heavy volume.
Earnings growth dropped in the company's latest report from 267% to 163%, but sales rose from 1% to 29%.
Cushman&Wakefield earns the No. 18 rank among its peers in the Real Estate-Development/Operations industry group. Landmark Infrastructure and Colliers International are also among the group's highest-rated stocks.
