G-III Apparel Shows Rising Relative Strength; Still Shy Of Key Threshold

By INVESTOR'S BUSINESS DAILY

On Thursday, G-III Apparel earned a positive adjustment to its Relative Strength (RS) Rating, from 70 to 75.

When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.

This exclusive rating from Investor's Business Daily identifies price action with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.

Decades of market research shows that the stocks that go on to make the biggest gains tend to have an 80 or better RS Rating as they begin their largest price moves. See if G-III Apparel can continue to show renewed price strength and hit that benchmark.

Looking For The Best Stocks To Buy And Watch? Start Here

Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock is able to form a base and break out.

Taking a look at revenue and profit performance, the company has posted two quarters of rising earnings growth. Sales gains have also risen over the same time frame.

The company holds the No. 3 rank among its peers in the Apparel-Clothing Manufacturing industry group. Tapestry and G-III Apparel are also among the group's highest-rated stocks.


What is inkl?

Important stories

See news based on value, not advertising potential. Get the latest news from around the world.

Trusted newsrooms

We bring you reliable news from the world’s most experienced journalists in the most trusted newsrooms.

Ad-free reading

Read without interruptions, distractions or intrusions of privacy.