On Friday, Stamps.com ( STMP ) received a positive adjustment to its Relative Strength ( RS ) Rating , from 76 to 81.
[ibd-display-video id=2368044 width=50 float=left autostart=true] IBD's unique rating tracks share price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
Decades of market research reveals that the stocks that go on to make the biggest gains tend to have an RS Rating north of 80 in the early stages of their moves.
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While Stamps.com is not near a proper buy point right now, see if it manages to form and break out of a proper consolidation.
Earnings growth increased last quarter from 61% to 73%. But sales fell from 38% to 24%.
Stamps.com holds the No. 6 rank among its peers in the Retail-Internet industry group. Alibaba ( BABA ), PetMed Express ( PETS ) and Etsy ( ETSY ) are among the top 5 highly rated stocks within the group.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
