RH Sees Its Composite Rating Rise To 96

By INVESTOR'S BUSINESS DAILY

The IBD SmartSelect Composite Rating for RH increased from 94 to 96 Thursday.

The new rating shows the stock is outpacing 96% of all stocks when it comes to the most important stock-picking criteria. The top-performing stocks tend to have a 95 or better grade as they launch a significant move so be sure to keep that in mind when looking for the best stocks to buy and watch.

RH broke out earlier, but is now trading approximately 1% below the prior 719.87 entry from a cup with handle. If a stock you're watching climbs above a buy point then declines 7% or more below the original entry price, it's considered a failed base. It's best to wait for the stock to form a new pattern and breakout.

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The stock has a 98 EPS Rating, meaning its recent quarterly and longer-term annual earnings growth tops 98% of all stocks.

Its Accumulation/Distribution Rating of C shows a roughly equal amount of buying and selling by institutional investors over the last 13 weeks.

In Q2, the company reported 73% earnings-per-share growth. Top line growth fell to 39%, down from 78% in the previous quarter.

RH holds the No. 1 rank among its peers in the Retail-Home Furnishings industry group. Williams Sonoma and The Container Store are also among the group's highest-rated stocks.


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