On Monday, Zillow Group Cl C received an upgrade to its Relative Strength (RS) Rating, from 69 to 72.
How To Invest In Stocks In Both Bull And Bear Markets
IBD's unique RS Rating identifies technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the trailing 52 weeks compares to other publicly traded companies.
Over 100 years of market history reveals that the market's biggest winners often have an RS Rating of at least 80 in the early stages of their moves. See if Zillow Group Cl C can continue to show renewed price strength and hit that benchmark.
While Zillow Group Cl C is not near a proper buying range right now, see if it manages to form and break out from a proper base.
Earnings growth slowed last quarter from 14% to 3%. But sales moved higher, from 13% to 15%. The company is expected to report its latest numbers on or around Oct. 29.
The company holds the No. 14 rank among its peers in the Real Estate-Development/Operations industry group. Newmark Group, Grupo Aeroportuario ADR and Colliers International 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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IBD Stock Rating Upgrades: Rising Relative Strength
