Yelp Stock Reaches 80-Plus Relative Strength Rating Benchmark

When looking for the best stocks to buy and watch, focus on those with rising relative price strength.

One stock that fits that bill is Yelp (YELP) stock, which had its Relative Strength (RS) Rating upgraded from 79 to 83 Friday.




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When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.

This unique rating tracks market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock’s price performance over the trailing 52 weeks matches up against other publicly traded companies.

Over 100 years of market history shows that the stocks that go on to make the biggest gains tend to have an RS Rating north of 80 as they launch their biggest runs.


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Is Yelp Stock A Buy?

Yelp stock is working on a consolidation with a 43.96 entry. See if the stock can break out in heavy trade. Read “Looking For The Next Big Stock Market Winners? Start With These 3 Steps” for more tips. Also, check out “Stocks To Buy And Watch: Top IPOs, Big And Small Caps, Growth Stocks.”

In terms of fundamentals, the local business shopping platform has posted rising EPS growth in each of the last five reports. Revenue growth has also increased over the same time frame.

Yelp stock holds the No. 11 rank among its peers in the Internet-Content industry group. Alphabet (GOOGL) and Facebook (FB) are also among the group’s highest-rated stocks.

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