Build-A-Bear Workshop saw a positive improvement to its Relative Strength (RS) Rating on Friday, rising from 63 to 78.
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This proprietary rating identifies 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.
History reveals that the best stocks often have an RS Rating north of 80 as they begin their largest price moves. See if Build-A-Bear Workshop can continue to rebound and clear that threshold.
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 range. Look for the stock to offer a new buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.
The company reported 19% EPS growth in the latest quarterly report. Revenue gains came in at 1%. Look for the next report on or around May 22.
Build-A-Bear Workshop holds 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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