HCA Holdings had its Relative Strength (RS) Rating upgraded from 67 to 71 Wednesday -- a welcome improvement, but still below the 80 or better score you prefer to see.
When looking for the best stocks to buy and watch, keep a close on eye on relative price strength.
IBD's proprietary RS Rating identifies technical performance by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
Over 100 years of market history shows that the best stocks often have an RS Rating north of 80 in the early stages of their moves. See if HCA Holdings can continue to rebound and hit that benchmark.
HCA Holdings is trying to complete a flat base with a 150.27 buy point. See if it can clear the breakout price in volume at least 40% above average.
Earnings growth increased last quarter from 25% to 36%, but sales fell from 11% to 10%.
The company holds the No. 3 rank among its peers in the Medical-Hospitals industry group. Select Medical is the No. 1-ranked stock within the group.