Travel Stock Offers Two Buy Points After 118% Gain

Blockhead11-07

MMYT stock has rallied sharply. As of Tuesday's closing price, MakeMyTrip (MMYT) had gained a whopping 118% year to date. ↑ X How To Buy Stocks: Bases And Buy Points See All Videos NOW ...

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As of Tuesday's closing price, MakeMyTrip (MMYT) had gained a whopping 118% year to date.\n\n\n\n↑\nX\n\n\n\n\nHow To Buy Stocks: Bases And Buy Points\n\n\nSee All Videos\n\n\n\n\nNOW ...</p>\n\n<a href=\"https://www.investors.com/research/mmyt-stock-makemytrip-offers-two-buy-points-after-118-gain/\">Source Link</a>\n\n</div>\n","source":"investor_business_daily_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Travel Stock Offers Two Buy Points After 118% Gain</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTravel Stock Offers Two Buy Points After 118% Gain\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-07 01:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investors.com/research/mmyt-stock-makemytrip-offers-two-buy-points-after-118-gain/><strong>Blockhead</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>MMYT stock has rallied sharply. As of Tuesday's closing price, MakeMyTrip (MMYT) had gained a whopping 118% year to date.\n\n\n\n↑\nX\n\n\n\n\nHow To Buy Stocks: Bases And Buy Points\n\n\nSee All Videos\n\n\n\n\nNOW ...</p>\n\n<a href=\"https://www.investors.com/research/mmyt-stock-makemytrip-offers-two-buy-points-after-118-gain/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0390135688.USD","symbol_name":"TEMPLETON ASIAN SMALLER COMPANIES \"A\" (USD) INC","start_time":0,"source_url":"https://www.investors.com/research/mmyt-stock-makemytrip-offers-two-buy-points-after-118-gain/","article_id":"2481932985","we_media_id":null,"thumbnails":["https://www.investors.com/wp-content/uploads/2016/08/stock-Travel-vacation-8-adobe-150x150.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481932985","pubTimestamp":1730915769,"sourceInfo":{"source_id":"investor_business_daily_highlight","name":"Investor’s Business Daily"},"weMediaInfo":null,"summary":"MakeMyTrip has formed a base after rallying 118% year to date. The stock is in the growth IBD 50 list and holds strong ratings.","collect":0,"end_time":0,"defaultTopTitle":"investors.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0390135688.USD":"TEMPLETON ASIAN SMALLER COMPANIES \"A\" (USD) INC","SG9999001051.SGD":"United Asia Fund SGD","SG9999006597.SGD":"United China-India Dynamic Growth SGD","BK4122":"互联网与直销零售","LU0300738605.USD":"TEMPLETON EMERG MKTS SMALLER CO \"A\" INC","LU0488056044.USD":"Allianz Asian Multi Income Plus Cl AM DIS USD","LU0384037296.USD":"ALLIANZ ASIAN MULTI INCOME PLUS \"AT\" (USD) ACC","LU1282649067.USD":"ALLIANZ ASIAN MULTI INCOME PLUS \"AMG\" (USD) INC A","LU0648948544.HKD":"ALLIANZ ASIAN MULTI INCOME PLUS \"AM\" (HKD) INC","LU1282649810.SGD":"Allianz Asian Multi Income Plus Cl AMg DIS H2-SGD","LU0348744763.USD":"ALLIANZ ASIA PACIFIC INCOME \"A\" (USD) INC","LU0390135332.USD":"TEMPLETON ASIAN SMALLER COMPANIES \"A\" (USD) ACC","LU1481012133.USD":"FIDELITY EMERGING MARKETS \"A\" (USDHDG) INC","LU1282649141.HKD":"ALLIANZ ASIAN MULTI INCOME PLUS \"AMG\" (HKD) INC","LU0348766576.USD":"ALLIANZ LITTLE DRAGONS \"A\" (USD) INC","LU0348767384.USD":"ALLIANZLITTLE DRAGONS \"A\" (USD) ACC","BK4142":"酒店、度假村与豪华游轮","PCOM":"Points International","LU0300738514.USD":"TEMPLETON EMERG MKTS SMALLER CO \"A\"(USD) ACC","MMYT":"MakeMyTrip Limited","SG9999002950.SGD":"United Asian Growth Opportunities SGD","LU0823038988.USD":"AMUNDI FUNDS ASIA EQUITY FOCUS  \"A2\" (USD) ACC","LU0048575426.USD":"FIDELITY EMERGING MARKETS \"A\" INC","LU0823039010.USD":"AMUNDI FUNDS ASIA EQUITY FOCUS  \"A2\" (USD) INC","LU0261950470.USD":"FIDELITY EMERGING MARKETS \"A\" ACC","LU0390135506.SGD":"FTIF - Templeton Asian Smaller Companies A Acc SGD","LU0251143458.SGD":"Fidelity Emerging Markets A-SGD","BK4523":"印度概念","SG9999001069.SGD":"UOB UNITED ASIA PACIFIC GROWTH (SGD) ACC"},"translate_title":"旅游股上涨118%后提供两个买入点","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PCOM":1,"MMYT":1},"content_text":"MMYT stock has rallied sharply. As of Tuesday's closing price, MakeMyTrip (MMYT) had gained a whopping 118% year to date.\n\n\n\n↑\nX\n\n\n\n\nHow To Buy Stocks: Bases And Buy Points\n\n\nSee All Videos\n\n\n\n\nNOW PLAYING\nHow To Buy Stocks: Bases And Buy Points\n\n\n\n\nThat brings up a common question among investors: Where are stocks headed after a strong rally? Reading MMYT stock's chart pattern and checking its rank among other stocks provide some clues.\nAlso see if the stock is part of an elite list. For example, after its rally, MMYT stock is on the select IBD 50 Stocks To Watch with strong ratings.\nMMYT Chart And Rankings\nThough shares fell after results for its September-ended quarter on Oct. 23., they managed to hold the 50-day moving average as seen on the daily charts on IBD MarketSurge. That has helped the stock trade with tight weekly closings for four weeks and offer an alternative and early buy point of 106.84. Shares are just below that price level. The proper buy point is at 110.49. However, the strong rally has also left the stock in a late-stage base. Earlier bases are known to net higher gains, based on IBD's research.\n\nThe leisure and travel booking group ranks 17th among 197 industry groups in the IBD database. MMYT stock holds a Composite Rating of 98. That shows the stock is an all-rounder with solid earnings growth and market performance. The EPS Rating stands at 98 while the Relative Strength Rating of 96 is also outstanding. The rising relative strength line shows the stock is outperforming the S&P 500.\nSales growth over the past eight quarters has ranged between 25% and 68% while earnings have grown between 17% and 500%. Mutual funds own 50% of outstanding shares as more funds have been adding the stock over the past five quarters. The Lord Abbett Developing Growth Fund (LAGWX) and the Alger Small Cap Growth Fund (ALSCX) hold shares of MMYT stock.\nPlease follow VRamakrishnan on X/Twitter for more news on the stock market today.\nYOU MAY ALSO LIKE:\nIs Nvidia A Buy?\nIBD Live: Learn And Analyze Growth Stocks With The Pros\nLearn How To Time The Market With IBD's ETF Market Strategy\nFind The Best Long-Term Investments With IBD Long-Term Leaders\nMarketSurge: Research, Charts, Data And Coaching All In One Place","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2481932985"}