Trip.com Group (TCOM) stock saw a welcome improvement to its Relative Strength (RS) Rating on Wednesday, rising from 63 to 80.
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This exclusive rating from Investor’s Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock’s price performance over the last 52 weeks compares to all the other stocks in our database.
Decades of market research shows that the best stocks often have an RS Rating north of 80 as they begin their biggest runs.
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Is Trip.com Group Stock A Buy?
Trip.com Group stock is working on a consolidation with a 58.00 entry. See if the travel booking stock can break out in volume at least 40% higher than normal.
The Chinese travel booking firm reported 43% earnings growth last quarter, while sales growth came in at 13%.
Trip.com Group stock holds the No. 3 rank among its peers in the Leisure-Travel Booking industry group. Travelzoo (TZOO) is the No. 1-ranked stock within the group.
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