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Stocks To Watch: Zillow Sees Relative Strength Rating Jump To 84

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Zillow ( ZG ) had its Relative Strength ( RS ) Rating upgraded from 78 to 84 Thursday.

[ibd-display-video id=3105496 width=50 float=left autostart=true] This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database.

Decades of market research shows that the market's biggest winners typically have an RS Rating of at least 80 in the early stages of their moves.

Looking For Winning Stocks? Try This Simple Routine

Zillow is still inside a buy range after moving past a 46.60 buy point in a cup with handle . The proper buying range extends to 5% above the initial entry. Once a stock moves above that range, it's best to wait for it to set up another buying opportunity.

Earnings growth picked up last quarter from 12% to 36%. But revenue gains fell from 25% to 24%.

Zillow holds the No. 18 rank among its peers in the Internet-Content industry group. Autohome ( ATHM ), Facebook ( FB ) and Grubhub ( GRUB ) 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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