On Wednesday, Stamps.com ( STMP ) reached an important technical milestone, with its Relative Strength ( RS ) Rating moving into the 90-plus percentile with an upgrade to 91, an increase from 88 the day before.
[ibd-display-video id=2102289 width=50 float=left autostart=true] This unique rating tracks technical performance by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
History reveals that the top-performing stocks often have an 80 or better RS Rating in the early stages of their moves.
Earnings growth picked up last quarter from 61% to 73%. But revenue gains fell from 38% to 24%.
Stamps.com holds the No. 4 rank among its peers in the Retail-Internet industry group. Alibaba ( BABA ) is the No. 1-ranked stock within the group.