In a welcome move, Littelfuse saw its Relative Strength Rating improve from 66 to 73 on Thursday.
Can You Really Time The Stock Market?
This unique rating identifies market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price action over the trailing 52 weeks compares to the rest of the market.
Over 100 years of market history reveals that the top-performing stocks typically have an RS Rating north of 80 as they launch their biggest price moves. See if Littelfuse can continue to show renewed price strength and hit that benchmark.
Littelfuse is not currently near a potential buy zone. See if the stock goes on to form a promising consolidation that could launch a new move.
Regarding fundamentals, Littelfuse has posted rising EPS growth in each of the last five reports. Revenue growth has also risen during the same period.
The company holds the No. 8 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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