In a welcome move, Hilton saw its Relative Strength Rating improve from 70 to 73 on Wednesday.
How To Invest In Stocks In Both Bull And Bear Markets
IBD's unique rating identifies market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the last 52 weeks stacks up against all the other stocks in our database.
Decades of market research reveals that the market's biggest winners often have an RS Rating of over 80 as they begin their largest price moves. See if Hilton can continue to show renewed price strength and hit that benchmark.
Hilton is working on a flat base with a 279.46 entry. See if it can break out in heavy trade.
Top and bottom line growth moved higher in the company's most recent quarter. Earnings were up 15%, compared to 12% in the prior report. Revenue increased from 5% to 6%.
The company holds the No. 2 rank among its peers in the Leisure-Lodging industry group. Atour Lifestyle Hldgs ADR is the No. 1-ranked stock 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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IBD Stock Rating Upgrades: Rising Relative Strength