Trade Desk had its Relative Strength (RS) Rating upgraded from 77 to 83 Tuesday.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
This unique rating tracks technical performance by showing how a stock's price action over the last 52 weeks compares to that of other stocks on the major indexes.
Over 100 years of market history shows that the market's biggest winners tend to have an RS Rating of at least 80 as they begin their biggest runs.
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Trade Desk is not currently near a potential buying area. Recent earnings caused the stock to fall hard. See if the stock continues the move up and goes on to form a chart pattern that could offer a solid entry point.
TTD Earnings
While earnings-per-share growth declined in the company's most recently reported quarter from 40% to 27%, sales grew 25%, up from 23% in the previous report.
The company earns the No. 1 rank among its peers in the Commercial Services-Advertising industry group.
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