GlobalFoundries Stock Shows Market Leadership With Jump To 94 RS Rating.

$GlobalFoundries (GFS.US)$
When looking for the best stocks to buy and watch, focus on those with rising relative price strength.

One stock that fits that bill is GlobalFoundries stock, which saw a welcome improvement to its Relative Strength Rating on Monday, with an increase from 88 to 94.

When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength. IBD's unique RS Rating tracks technical performance by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.

Over 100 years of market history reveals that the stocks that go on to make the biggest gains typically have an 80 or higher RS Rating at the beginning of a new run.