When building your watch list, focus on stocks with an 80 or higher RS Rating. GigaCloud Technology (GCT) stock just cleared that benchmark with an upgrade from 71 to 87.
↑ XThis unique rating tracks market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price action over the last 52 weeks matches up against the rest of the market.
Decades of market research shows that the market's biggest winners tend to have an 80 or higher RS Rating as they begin their biggest climbs.
Risk Management In The Stock Market: How Much Money To Invest Now
GigaCloud Technology stock has been consolidating since hitting a high of 45.187 on Mar. 15. The tech stock is currently not in a proper buying range. 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.
The company reported 55% earnings growth in the latest quarterly report, while sales growth came in at 70%.
GigaCloud Technology stock earns the No. 4 rank among its peers in the Computer-Technical Services industry group. Innodata (INOD) is the No. 1-ranked stock within the group.
YOU MAY ALSO LIKE:
MarketSurge's Tools Can Help The Individual Investor
IBD Live: A New Tool For Daily Stock Market Analysis
Profit From Short-Term Trends With SwingTrader
How To Research Growth Stocks: Why This IBD Tool Simplifies The Search For Top Stocks
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。