Crocs had its Relative Strength (RS) Rating upgraded from 69 to 84 Tuesday.
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IBD's unique RS Rating measures technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock's price action over the last 52 weeks matches up against other publicly traded companies.
History reveals that the top-performing stocks often have an RS Rating of at least 80 as they launch their biggest runs.
While Crocs is not near an ideal entry right now, see if it is able to form and break out of a proper base.
While the company's top line growth fell last quarter from 3% to 0%, earnings-per-share grew -1%, up from -2% in the previous report.
The company earns the No. 3 rank among its peers in the Apparel-Shoes & Related industry group. On Holding is the No. 1-ranked stock 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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