Hertz Global Holdings stock had its Relative Strength (RS) Rating upgraded from 78 to 81 Friday.
As you try to find the best stocks to buy and watch, be sure to pay attention to relative price strength.
IBD's unique rating tracks share price action with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks holds up against all the other stocks in our database.
Decades of market research shows that the market's biggest winners tend to have an RS Rating north of 80 in the early stages of their moves.
See How IBD Helps You Make More Money In Stocks
Is Hertz Global Holdings Stock A Buy?
Hertz Global Holdings stock is trying to complete a cup without handle with a 22.56 buy point. See if the stock can break out in heavy volume.
The car rental company reported -45% earnings growth in its most recent report, while sales growth came in at 4%.
Hertz Global Holdings stock earns the No. 22 rank among its peers in the Leisure-Services industry group. Hilton Grand Vacations and Life Time Group Holdings are also among the group's highest-rated stocks.
