The Relative Strength (RS) Rating for Littelfuse moved up into a new percentile Wednesday, as it got a lift from 66 to 76.
When To Sell Stocks To Lock In Profits And Minimize Losses
This unique rating measures market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the trailing 52 weeks matched up against all other stocks.
Decades of market research reveals that the top-performing stocks tend to have an RS Rating of at least 80 as they launch their biggest runs. See if Littelfuse can continue to show renewed price strength and clear that threshold.
While it's not currently an ideal time to invest, see if the stock manages to form a chart pattern and break out.
In terms of fundamentals, the company has posted rising EPS growth in each of the last four reports. Sales gains have also increased during the same period. Littelfuse is expected to release its next quarterly numbers on or around Aug. 5.
Littelfuse earns the No. 8 rank among its peers in the Electronics-Parts industry group. Amphenol Cl A, Bel Fuse Cl B and Coherent are among the top 5 highly rated stocks within the group.
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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