On Friday, Pinterest got an upgrade to its Relative Strength (RS) Rating, from 69 to 75.
When To Sell Stocks To Lock In Profits And Minimize Losses
This exclusive rating from Investor's Business Daily tracks price action with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains tend to have an 80 or higher RS Rating in the early stages of their moves. See if Pinterest can continue to rebound and hit that benchmark.
Pinterest is building a cup with handle with a 39.93 buy point. See if the stock can break out in heavy trade.
Top and bottom line growth moved higher in the company's most recent quarter. Earnings were up 38%, compared to 35% in the prior report. Revenue increased from 16% to 17%.
The company holds the No. 3 rank among its peers in the Internet-Content industry group. Kanzhun 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.
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