In a welcome move, Hunt JB Transportation Services saw its Relative Strength Rating improve from 69 to 72 on Tuesday.

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 identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database.

Over 100 years of market history shows that the stocks that go on to make the biggest gains often have an 80 or better RS Rating as they launch their biggest climbs. See if Hunt JB Transportation Services can continue to show renewed price strength and hit that benchmark.

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Hunt JB Transportation Services broke out earlier, but is now approximately 4% below the prior 177.03 entry from a cup with handle. If a stock you're watching climbs above a buy point then falls 7% or more below the original entry price, it's considered a failed base. It's best to wait for the stock to form a new pattern and breakout. Also understand that the most recent pattern is a later-stage base, and those involve more risk.

Regarding fundamentals, Hunt JB Transportation Services has posted four quarters of rising earnings growth. Top line growth has also increased over the same time frame.

The company earns the No. 9 rank among its peers in the Transportation-Truck industry group. PAM Transportation Services and Arcbest are also among the group's highest-rated stocks.