Polaris saw a positive improvement to its Relative Strength (RS) Rating on Thursday, with an upgrade from 70 to 75.
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IBD's unique RS Rating tracks technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the last 52 weeks compares to the rest of the market.
History reveals that the market's biggest winners tend to have an RS Rating of over 80 in the early stages of their moves. See if Polaris can continue to show renewed price strength and clear that threshold.
Polaris is not currently near a potential buying area. See if the stock goes on to form a chart pattern that could ignite a new run.
Earnings growth slowed last quarter from 0% to -71%. But sales moved higher, from -12% to -6%.
Polaris earns the No. 15 rank among its peers in the Leisure-Products industry group. Amer Sports, Acushnet Holdings and Johnson Outdoors Cl A 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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