Markets

Stocks With Rising Relative Strength: Shutterstock

Shutterstock photo

On Thursday, Shutterstock ( SSTK ) got a positive adjustment to its Relative Strength ( RS ) Rating , from 67 to 71.

[ibd-display-video id=2881825 width=50 float=left autostart=true] IBD's unique rating measures market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks stacks up against all the other stocks in our database.

Over 100 years of market history shows that the best-performing stocks tend to have an 80 or higher RS Rating in the early stages of their moves. See if Shutterstock can continue to show renewed price strength and clear that threshold.

See How IBD Helps You Make More Money In Stocks

While Shutterstock is not near an ideal buy zone right now, see if it manages to form and break out of a proper base .

The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -33% to -23%. Revenue rose from 8% to 15%.

Shutterstock holds the No. 16 rank among its peers in the Retail-Internet industry group. Alibaba ( BABA ), PetMed Express ( PETS ) and 58.com ( WUBA ) 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.

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