On Wednesday, Hasbro stock got an upgrade to its Relative Strength (RS) Rating, from 65 to 72.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's unique RS Rating tracks market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price performance over the last 52 weeks compares to other publicly traded companies.
Decades of market research reveals that the best stocks tend to have an 80 or higher RS Rating in the early stages of their moves. See if Hasbro stock an continue to rebound and clear that threshold.
Is Hasbro Stock A Buy?
Hasbro stock is trying to complete a double bottom with a 70.04 entry. See if the toy stock can break out in heavy volume.
The toy and gaming company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 21% to 70%. Revenue rose from -15% to 17%.
Hasbro stock 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.
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