Hilton Worldwide Getting Closer To Key Technical Benchmark
In a welcome move, Hilton Worldwide saw its Relative Strength Rating improve from 70 to 76 on Wednesday.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
This exclusive rating from Investor's Business Daily tracks share price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.
Decades of market research shows that the market's biggest winners typically have an 80 or higher RS Rating in the early stages of their moves. See if Hilton Worldwide can continue to show renewed price strength and clear that threshold.
Hilton Worldwide is working on a cup without handle with a 136.99 entry. See if the stock can clear the breakout price in volume at least 40% above average.
In terms of top and bottom line numbers, Hilton Worldwide has posted two quarters of rising earnings growth. Sales gains have also increased during the same period.
The company earns the No. 1 rank among its peers in the Leisure-Lodging industry group.