On Friday, Corsair Gaming got an upgrade to its Relative Strength (RS) Rating, from 86 to 94.
IBD's proprietary rating identifies price movement with a 1 (worst) to 99 (best) score. The score 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 reveals that the stocks that go on to make the biggest gains typically have an RS Rating north of 80 as they begin their largest runs.
Here Are 3 Keys For Successful Stock Investing
Corsair Gaming is not currently showing a potential entry point. See if the stock goes on to form a promising consolidation that could launch a new move.
Earnings grew 5% last quarter, up from 0% in the prior report. Revenue also increased, from -16% to -1%.
The company earns the No. 3 rank among its peers in the Computer-Hardware/Peripherals industry group. Super Micro Computer is the No. 1-ranked stock within the group.
RELATED:
Which Stocks Are Showing Improved Technical Action?
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!
