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Online Travel Expedia Stock Shows Rising Relative Strength

On Monday, Expedia (EXPE) reached a noteworthy technical benchmark, with its Relative Strength (RS) Rating jumping into the 80-plus percentile with an improvement to 82, an increase from 78 the day before.




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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 showing how a stock’s price movement over the last 52 weeks compares to that of other stocks on the major indexes.

History reveals that the market’s biggest winners typically have an 80 or better RS Rating in the early stages of their moves.


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Is Expedia Stock A Buy?

Expedia stock is trying to complete the right side of a consolidation with a 188.03 buy point. See if the stock can break out in volume at least 40% higher than normal. 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.”

Solid Earnings, Sales Growth

In terms of top and bottom line numbers, the online travel agency has posted rising EPS growth in each of the last two reports. Sales growth has also moved higher during the same period.

Expedia stock holds the No. 2 rank among its peers in the Leisure-Travel Booking industry group. Expedia (EXPE) and Airbnb Inc Cl A (ABNB) are also among the group’s highest-rated stocks.

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