When putting together your watch list, look for stocks with an 80 or higher RS Rating. Littelfuse just cleared that benchmark with an upgrade from 68 to 84.
Hone Your Stock-Picking Skills By Focusing On These Factors
This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks holds up against all the other stocks in our database.
History reveals that the stocks that go on to make the biggest gains often have an RS Rating north of 80 in the early stages of their moves.
Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock manages to form a base and break out.
In terms of revenue and profits, Littelfuse has posted rising EPS growth over the last five quarters. Revenue gains have also risen over the same time frame.
The company holds the No. 6 rank among its peers in the Electronics-Parts industry group. Amphenol Cl A, Bel Fuse A and Bel Fuse Cl B 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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