When putting together your watch list, focus on stocks with an 80 or higher RS Rating. Victoria's Secret is one stock that just reached the mark, now earning a score of 82.
Hone Your Stock-Picking Skills By Focusing On These Factors
This proprietary rating identifies technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the last 52 weeks matches up against other publicly traded companies.
Decades of market research shows that the market's biggest winners tend to have an 80 or better RS Rating in the early stages of their moves.
While it's not currently an ideal time to invest, see if the stock manages to offer and clear an appropriate buy point.
The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -25% to -18%. Revenue rose from 0% to 3%.
The company holds the No. 15 rank among its peers in the Apparel-Clothing Manufacturing industry group. Ralph Lauren Cl A, Tapestry and Levi Strauss 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.
RELATED:
Which Stocks Are Showing Rising Relative Strength?
