One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Hilton cleared that benchmark Monday, with a jump from 77 to 81 Monday.
Risk Management In The Stock Market: How Much Money To Invest Now
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
Decades of market research shows that the stocks that go on to make the biggest gains typically have an 80 or higher RS Rating as they begin their biggest climbs.
Hilton is in a buy range after breaking past a 259.56 entry in a cup with handle. The proper buying range is up to 5% above the initial entry. Once a stock hits that benchmark, it's best to wait for it to set up another buying opportunity.
Earnings growth moved up last quarter from 5% to 12%, but revenue fell from 7% to 5%. Keep an eye out for the company's next round of numbers on or around Jul. 23.
Hilton holds the No. 2 rank among its peers in the Leisure-Lodging industry group. Atour Lifestyle Hldgs ADR is the No. 1-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.
RELATED:
Which Stocks Are Showing Rising Relative Strength?
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!
