Toast stock had its Relative Strength (RS) Rating upgraded from 66 to 76 Monday -- a welcome improvement, but still short of the 80 or higher score you look for.
When looking for the best stocks to buy and watch, keep a close on eye on relative price strength.
This unique rating identifies market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the last 52 weeks compares to the rest of the market.
History shows that the best-performing stocks typically have an RS Rating north of 80 as they launch their largest runs. See if Toast stock can continue to rebound and hit that benchmark.
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Is Toast Stock A Buy?
Toast stock is building a consolidation with a 27.00 buy point. See if the stock can break out in heavy trading.
The payment processor for restaurants reported 0% earnings growth in its most recent report, while sales growth came in at 45%.
Toast stock holds the No. 26 rank among its peers in the Finance-Card/Payment Processing industry group. Visa and Mastercard are also among the group's highest-rated stocks.
