When putting together your watch list, focus on stocks with an 80 or higher RS Rating. Tripadvisor now meets that criteria, with an increase from 80 to 83 Tuesday.
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IBD's unique RS Rating identifies technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock's price action over the trailing 52 weeks matches up against that of all other stocks.
History reveals that the best-performing stocks often have an RS Rating of above 80 as they begin their biggest runs.
While now is not an ideal time to jump in, see if the stock manages to offer and clear an appropriate buy point.
Tripadvisor saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 17% to 18%. Revenue rose from 1% to 6%.
Tripadvisor holds the No. 3 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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