On Monday, Pinterest stock received a positive adjustment to its Relative Strength (RS) Rating, from 67 to 72.
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 price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
History reveals that the stocks that go on to make the biggest gains typically have an RS Rating north of 80 as they launch their biggest price moves. See if Pinterest stock can continue to show renewed price strength and clear that threshold.
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Is Pinterest Stock A Buy?
Pinterest stock is trying to complete a flat consolidation with a 30.86 buy point. See if it can clear the breakout price in volume at least 40% above average.
Taking a look at revenue and profit performance, Pinterest has posted rising EPS growth in each of the last three reports. Top line growth has also increased during the same period.
Pinterest stock holds the No. 4 rank among its peers in the Internet-Content industry group. Meta Platforms and Alphabet Cl A are also among the group's highest-rated stocks.
