On Tuesday, Trip.com Group stock got an upgrade for its IBD SmartSelect Composite Rating from 85 to 96.
The upgrade means the stock is now outpacing 96% of all other stocks in terms of key performance metrics and technical strength.
Trip.com Group stock has been consolidating in a tight range for most of the year and is not currently near a proper entry. Look for the stock to form and break out of a new chart pattern.
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Trip.com stock has an 80 EPS Rating, which means its recent quarterly and longer-term annual earnings growth tops 80% of all stocks.
Its Accumulation/Distribution Rating of C shows a roughly equal amount of buying and selling by institutional investors over the last 13 weeks.
Trip.com Earnings
In Q2, the travel service provider reported 0% earnings growth. Revenue growth increased 159%, up from 107% in the prior report. The Chinese company has now posted accelerating growth in each of the last two quarters.
Trip.com Group stock earns the No. 2 rank among its peers in the Leisure-Travel Booking industry group. MakeMyTrip is the No. 1-ranked stock within the group.
