From NASDAQ OMX Group: 2024-07-05 04:33:00

Zacks Investment Ideas highlights Nvidia, Super Micro Computer, Coinbase Global, MicroStrategy, Marathon Digital. A commentary on relative strength emphasizes its power and importance in evaluating stocks. Relative Strength (RS) compares a stock’s price performance to a benchmark. RS is not a standalone signal, but a valuable tool when used in conjunction with other analysis methods. In bear markets, stocks showing relative strength often outperform. Identifying RS opportunities can lead to significant gains for investors. RS can be used to evaluate a stock’s performance against industry peers and commodities. Sorting a watchlist by % change on down days can help identify strong stocks. Contrary to belief, down markets can be valuable for identifying relative strength. Sister stocks and related commodities can provide insight into a stock’s strength. Overall, utilizing RS alongside a comprehensive investing framework can provide investors with an edge and conviction. Zacks’ top stock-picking strategies have outperformed the S&P’s average gains consistently. Access their top stock picks for free today to potentially maximize your investment returns.

Read more at Nasdaq: Zacks Investment Ideas feature highlights: Nvidia, Super Micro Computer, Coinbase, MicroStrategy and Marathon