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It's called high relative strength investing.
Kennedy likes these issues because of their high relative strength and decent fundamentals.
"Even on down days, we've seen positive breadth and high relative strength of small- and mid-cap stocks".
Several of the top technical newsletters are targeting stocks with high relative strength to capitalize on the uptrend.
In dealing with high relative strength stocks, Sullivan holds them until they break down below significant levels of support.
Kennedy focuses on stocks that show high relative strength and those that are at or near new highs.
Similar(38)
This combination of low-P/S ratios and high relative strengths was a key to O'Shaughnessy's growth model, allowing him to pick stocks that the market was embracing but which weren't yet overvalued.
By targeting stocks with high relative strengths, you're getting those that the market is embracing; by making sure they have low P/S ratios, meanwhile, you're helping ensure these stocks haven't become overpriced.
Greater fools (hard to call them investors) decided that a hot stock with tremendous fourth-quarter earnings comparisons (Q1 numbers were not out yet) and a sky-high relative strength reading had to be bought, no matter the valuation.
The 50 companies with the highest relative strength scores passed this final test.
Higher relative strength of grey dyed fabric is attributed to presence of starch as size on the fabric leading to higher absorption as explained earlier.
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