When considering what names to put on your watch list, focus on stocks with an 80 or higher RS Rating. National Vision is one stock that just reached the mark, now earning a score of 80.
This proprietary rating measures market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the last 52 weeks matches up against other publicly traded companies.
Over 100 years of market history reveals that the best stocks typically have an 80 or higher RS Rating as they launch their biggest runs.
Looking For The Best Stocks To Buy And Watch? Start Here
While National Vision is not near a proper entry right now, see if it manages to form and break out from a proper base.
Earnings growth decreased last quarter from 9% to 0%, but the top line rose from 3% to 4%.
The company earns the No. 4 rank among its peers in the Retail-Specialty industry group. RB Global is the No. 1-ranked stock 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.
RELATED:
IBD Stock Rating Upgrades: Rising Relative Strength
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!