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Stock Upgrades: Stamps.com Shows Rising Relative Strength

When considering what names to put on your watch list, look for stocks with an 80 or higher RS Rating. Stamps.com (STMP) now meets that criteria, with an increase from 78 to 81 Tuesday.




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

IBD’s proprietary RS Rating measures technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock’s price performance over the trailing 52 weeks matches up against that of all other stocks.

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


The IBD 50 stock is now considered extended and out of buy range after clearing a 221.83 buy point in a second-stage cup without handle. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line. Read “Looking For The Next Big Stock Market Winners? Start With These 3 Steps” for more tips.

 

Earnings growth rose last quarter from 149% to 242%, but sales fell from 49% to 42%. Keep an eye out for the company’s next round of numbers on or around Feb. 19.

The company earns the No. 4 rank among its peers in the Retail-Internet industry group. JD.com (JD) and Vipshop (VIPS) are also among the group’s highest-rated stocks.

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