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Stocks To Watch: EchoStar Sees RS Rating Jump To 83

When considering what names to put on your watch list, focus on stocks with an 80 or higher RS Rating. EchoStar (SATS) just cleared that benchmark with an upgrade from 80 to 83.




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As you try to find the best stocks to buy and watch, keep a close on eye on relative price strength.

This exclusive rating from Investor’s Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock’s price performance over the trailing 52 weeks holds up against all the other stocks in our database.

Over 100 years of market history shows that the market’s biggest winners typically have an RS Rating north of 80 in the early stages of their moves.


Looking For Winning Stocks? Try This Simple Routine


EchoStar has moved more than 5% past a 27.51 entry in a first-stage cup with handle, meaning it’s now out of a proper buy range. Look for the stock to offer a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week line.

Earnings growth moved up in the company’s latest report from 0% to 46%, but sales fell from 9% to 7%.

EchoStar earns the No. 3 rank among its peers in the Telecom-Cable/Satellite Equipment industry group. Harmonic (HLIT) and EchoStar (SATS) are also among the group’s highest-rated stocks.

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