One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Pony AI ADR just hit that mark, with a jump from 78 to 81 Monday.
This exclusive rating from Investor's Business Daily tracks price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks stacks 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 typically have an RS Rating of at least 80 as they launch their biggest price moves.
Looking For The Best Stocks To Buy And Watch? Start Here
While the stock is not near an ideal buy point right now, see if it goes on to form and break out of a proper chart pattern.
Pony AI ADR showed 0% EPS growth in its most recent report. Revenue increased 101%.
The company holds the No. 11 rank among its peers in the Auto/Truck-Original Equipment industry group. Allison Transmission, Strattec Security and Atmus Filtration Techs are among the top 5 highly rated stocks within the group.
RELATED:
Stocks With Rising Relative Strength Ratings
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
