When building your watch list, focus on stocks with an 80 or higher RS Rating. SharkNinja now meets that criteria, with an increase from 74 to 82 Thursday.
Hone Your Stock-Picking Skills By Focusing On These Factors
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 behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the stocks that go on to make the biggest gains tend to have an RS Rating north of 80 as they begin their biggest price moves.
While the stock is not near a proper buy point right now, see if it manages to form and break out from a proper base.
The company posted -18% EPS growth last quarter. Sales increased 15%.
The company holds the No. 1 rank among its peers in the Household-Appliances/Hardware industry group. Middleby and Whirlpool 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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