MNTN had its Relative Strength (RS) Rating upgraded from 71 to 83 Wednesday.
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This proprietary rating tracks market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price action over the last 52 weeks matches up against that of all other stocks.
History reveals that the top-performing stocks often have an 80 or better RS Rating in the early stages of their moves.
While the stock is not near an ideal buy zone right now, see if it is able to form and break out from a proper chart pattern.
The company posted 0% EPS growth last quarter, while sales growth came in at 25%.
MNTN earns the No. 5 rank among its peers in the Commercial Services-Advertising industry group. Trade Desk Cl A 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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