On Friday, Hasbro hit a key performance benchmark, seeing its Relative Strength (RS) Rating jump into the 80-plus percentile with an improvement to 81, up from 77 the day before.
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IBD's proprietary RS Rating tracks technical performance by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
Over 100 years of market history shows that the best stocks typically have an RS Rating north of 80 as they begin their biggest climbs.
Hasbro is building a consolidation with a 73.46 buy point. See if the stock can clear the breakout price in volume at least 40% higher than normal.
Earnings grew 70% last quarter, up from 21% in the prior report. Revenue also increased, from -15% to 17%.
Hasbro holds the No. 1 rank among its peers in the Leisure-Toys/Games/Hobby industry group. Mattel and JAKKS Pacific 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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