Top 5 IBD 50 Tech Stocks By RS Rating Led By Sina
The IBD 50 looks at many of the “main” factors, such as sales growth and profit growth, in determining the top 50 stocks each week. The list is ranked by what we call our Composite Rating, our most broad-based rating.
The items determining the CR include one of IBD’s key gauges, the Relative Price Strength Rating. The RS is a feature of our stock coverage, and subscribers can easily re-order the IBD 50 by RS (or by many other different ways.)
The RS rates stocks by how they’ve performed vs. all other stocks in the past 12 months, with extra weight given to the most recent three months. It’s showing you the strongest stocks.
In general, IBD advises that you focus on stocks with RS ratings of 80 or above. A stock with an 80 RS has performed in the top 20% of all stocks over the past 12 months. On the other side, you want to be careful with any stocks below 70 RS.
As it turns out, the lowest RS in the current IBD 50 is the No. 50 stock, Oracle (ORCL) , at a 72. All of the other 49 IBD 50 companies have an RS of 77 or higher.
The latest IBD 50 includes just two 99 RS stocks, and both are techs: Sina and Travelzoo. Three other techs have RS numbers of 97 or higher. Here are the top 5 IBD 50 tech stocks by RS ranking, listed by their IBD 50 ranking.
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