In a welcome move, Dish Network (DISH) saw its Relative Strength Rating improve from 63 to 74 on Friday.
X When you're researching the best stocks to buy and watch, be sure to pay attention to relative price strength.
IBD's unique RS Rating tracks market leadership by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
Decades of market research shows that the best stocks tend to have an RS Rating north of 80 in the early stages of their moves. See if Dish Network can continue to rebound and clear that threshold.
See How IBD Helps You Make More Money In Stocks
While the stock is not near a proper entry right now, see if it goes on to form and break out from a proper consolidation.
Earnings growth slowed in the most recent report from 8% to -80%. But sales moved higher, from -2% to 1%.
Dish Network earns the No. 6 rank among its peers in the Telecom Services-Cable/Satellite industry group. Cable One (CABO), Comcast (CMCSA) and Cogent Communications (CCOI) are among the top 5 highly rated stocks within the group.
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"dish" - Google News
June 05, 2020 at 09:43PM
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Stocks Showing Improved Relative Strength: Dish Network - Investor's Business Daily
"dish" - Google News
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