When considering what names to put on your watch list, focus on stocks with an 80 or higher RS Rating. Acushnet Holdings just cleared that benchmark with an upgrade from 72 to 81.
Looking For The Best Stocks To Buy And Watch? Start Here
This exclusive rating from Investor's Business Daily measures price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks holds up against all the other stocks in our database.
Decades of market research shows that the market's biggest winners often have an RS Rating of at least 80 in the early stages of their moves.
Acushnet Holdings is trying to complete a consolidation with a 76.65 entry. See if the stock can clear the breakout price in heavy volume.
Earnings growth rose last quarter from 0% to 20%, but revenue fell from 8% to -1%.
Acushnet Holdings holds the No. 2 rank among its peers in the Leisure-Products industry group. Amer Sports 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.
RELATED:
Which Stocks Are Showing Rising Relative Strength?
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!