On Tuesday, Hasbro reached an important technical milestone, seeing its Relative Strength (RS) Rating jump into the 80-plus percentile with an improvement to 80, up from 64 the day before.
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This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior 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 north of 80 as they begin their biggest price moves.
Hasbro is building a consolidation with a 73.46 entry. See if it can break out in heavy trading.
Earnings grew 70% last quarter, up from 21% in the prior report. Revenue also increased, from -15% to 17%.
The company earns 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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