One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Alphabet Cl A just hit that mark, with a jump from 77 to 83 Thursday.
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IBD's proprietary RS Rating tracks market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the trailing 52 weeks matches up against the rest of the market.
Over 100 years of market history reveals that the best-performing stocks often have an 80 or higher RS Rating in the early stages of their moves.
Alphabet Cl A is trying to complete a cup with handle with a 197.95 buy point. See if the stock can break out in heavy volume.
Earnings growth decreased in the company's most recent report from 26% to 24%, but the top line rose from 12% to 14%.
Alphabet Cl A earns 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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