One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Birkenstock Holding cleared that benchmark Tuesday, with a jump from 79 to 83 Tuesday.
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This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the best-performing stocks typically have an RS Rating north of 80 in the early stages of their moves.
Birkenstock Holding is trying to complete a cup with handle with a 59.50 buy point. See if it can break out in heavy trade.
Earnings growth slowed in the most recent report from 90% to 34%. But revenue moved higher, from 12% to 20%.
Birkenstock Holding holds the No. 1 rank among its peers in the Apparel-Shoes & Related industry group. On Holding and Wolverine World Wide 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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