One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Build-A-Bear Workshop now clears that threshold, with a jump from 80 to 84 Tuesday.
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This exclusive rating from Investor's Business Daily identifies price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.
Decades of market research reveals that the market's biggest winners tend to have an RS Rating of above 80 in the early stages of their moves.
Build-A-Bear Workshop has climbed more than 5% past a 32.47 entry in a second-stage cup without handle, meaning it's now out of a proper buy zone. Look for the stock to create a new buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.
Build-A-Bear Workshop posted 19% earnings growth in its most recent report. Sales increased 1%. The next quarterly numbers are expected on or around May 22.
Build-A-Bear Workshop earns the No. 1 rank among its peers in the Retail-Leisure Products industry group. Hayward Holdings and Winmark are also among the group's highest-rated stocks.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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