When putting together your watch list, look for stocks with an 80 or higher RS Rating. On Holding is one stock that just reached the mark, now earning a score of 82.
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This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the market's biggest winners often have an 80 or better RS Rating in the early stages of their moves.
On Holding is not currently offering a proper buying opportunity. See if the stock goes on to build a base that could spark a new run.
While the company's bottom line growth declined in the company's most recent performance report from 0% to -35%, sales grew 46%, up from 26% in the prior report.
The company earns the No. 1 rank among its peers in the Apparel-Shoes & Related industry group. Wolverine World Wide and Birkenstock Holding are also among the group's highest-rated stocks.
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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