Stocks Showing Improving Market Leadership: Twitter Earns 82 RS Rating

By INVESTOR'S BUSINESS DAILY

One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Twitter cleared that benchmark Wednesday, with a jump from 79 to 82 Wednesday.

When looking for the best stocks to buy and watch, keep a close on eye on relative price strength.

This exclusive rating from Investor's Business Daily identifies share price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks compares to all the other stocks in our database.

History shows that the top-performing stocks often have an RS Rating of above 80 as they begin their biggest runs.

See How IBD Helps You Make More Money In Stocks

Twitter has risen more than 5% past a 56.21 entry in a first-stage consolidation, meaning it's now out of a proper buy zone. Look for the stock to offer a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week line.

The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 45% to 112%. Revenue rose from 28% to 74%.

Twitter earns the No. 8 rank among its peers in the Internet-Content industry group. Alphabet and Alphabet are also among the group's highest-rated stocks.


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