When putting together your watch list, look for stocks with an 80 or higher RS Rating. MakeMyTrip just met that criteria with a new score of 86.
This exclusive rating from Investor's Business Daily tracks share price performance with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the trailing 52 weeks compares to all the other stocks in our database.
Over 100 years of market history shows that the stocks that go on to make the biggest gains typically have an RS Rating of at least 80 as they begin their biggest climbs.
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MakeMyTrip is working on a consolidation with a 123.00 buy point. See if it can break out in volume at least 40% above average.
MakeMyTrip posted 11% earnings growth in its most recent report. Sales increased 25%. The next quarterly results are expected on or around May 14.
MakeMyTrip holds the No. 2 rank among its peers in the Leisure-Travel Booking industry group. Booking Holdings 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.
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