On Monday, Roku Cl A got an upgrade to its Relative Strength (RS) Rating, from 65 to 79.
When To Sell Stocks To Lock In Profits And Minimize Losses
This exclusive rating from Investor's Business Daily identifies share price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.
Decades of market research shows that the market's biggest winners tend to have an 80 or higher RS Rating in the early stages of their moves. See if Roku Cl A can continue to rebound and hit that benchmark.
While now is not an ideal time to jump in, see if the stock goes on to establish and enter a buy zone in heavy trade.
The company posted 0% earnings growth last quarter, while sales growth came in at 16%.
The company earns the No. 7 rank among its peers in the Leisure-Movies & Related industry group. Netflix, Imax and Starz Entertainment 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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