Pinterest stock had its Relative Strength (RS) Rating upgraded from 63 to 71 Tuesday — a welcome improvement, but still short of the 80 or higher score you look for.
How To Invest In Stocks In Both Bull And Bear Markets
This exclusive rating from Investor's Business Daily measures price performance with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance 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 often have an RS Rating of at least 80 as they begin their largest climbs. See if Pinterest stock can continue to rebound and clear that threshold.
Is Pinterest Stock A Buy?
Pinterest stock is trying to complete a cup with handle with a 39.93 entry. See if the tech stock can break out in volume at least 40% above average.
The social media content provider saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 35% to 38%. Revenue rose from 16% to 17%.
Pinterest stock holds the No. 5 rank among its peers in the Internet-Content industry group. Tencent Music Ent ADR is the top-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.
