On Friday, Norwegian Cruise Line received a positive adjustment to its Relative Strength (RS) Rating, from 63 to 73.
When you're researching the best stocks to buy and watch, keep a close on eye on relative price strength.
This unique rating tracks technical performance 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.
Over 100 years of market history shows that the stocks that go on to make the biggest gains typically have an RS Rating of above 80 in the early stages of their moves. See if Norwegian Cruise Line can continue to show renewed price strength and clear that threshold.
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While Norwegian Cruise Line is not near a proper buy zone right now, see if it manages to form and break out of a proper base. The earnings from the last quarter caused it to give back all gains from a cup base breakout. For a deeper dive into all cruise lines, see today's feature by IBD staff writer, Harrison Miller.
NCLH Earnings
Norwegian Cruise Line reported 0% EPS growth in the latest quarterly report, while sales growth came in at 86%.
Norwegian Cruise Line earns the No. 9 rank among its peers in the Leisure-Services industry group. Royal Caribbean Group and Uber Technologies are also among the group's highest-rated stocks.
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