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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

Stocks Showing Improving Market Leadership: Bilibili ADR Earns 82 RS Rating

The Relative Strength (RS) Rating for Bilibili ADR entered a new percentile Monday, with a rise from 77 to 82.

Looking For The Best Stocks To Buy And Watch? Start Here

This proprietary rating tracks market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the last 52 weeks matches up against that of all other stocks.

Decades of market research reveals that the top-performing stocks typically have an RS Rating of at least 80 as they begin their biggest runs.

While now is not an ideal time to jump in, see if the stock manages to form a chart pattern and break out.

Bilibili ADR showed 0% earnings growth last quarter. Revenue gains came in at 18%. Keep an eye out for the company's next round of numbers on or around May 21.

The company earns the No. 8 rank among its peers in the Internet-Content industry group. Full Truck Alliance ADR, Tencent Music Ent ADR and Meta Platforms are among the top 5 highly rated stocks 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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