Stock that’s up more than 170% over the last year has more room to run, says technical analyst
Companies like GrubHub GRUB , Zillow ZG , Angi Homeservices ANGI and IAC IAC have posted double-digit gains this year, while one of the best performers, Etsy ETSY , has rocketed by as much as 112 percent. Mark Newton , president and founder of Newton Advisors, only has eyes for one of the names. GrubHub's relative strength index, a momentum measure, spiked to 72 to end last week as its stock scored another intraday record on Friday.