On Tuesday, Tupperware Brands stock got a positive adjustment to its Relative Strength (RS) Rating, from 80 to 83.
When looking for the best stocks to buy and watch, keep a close on eye on relative price strength.
This exclusive rating from Investor's Business Daily tracks share price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the best stocks tend to have an RS Rating north of 80 as they begin their biggest price moves.
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Is Tupperware Brands Stock Is A Buy?
Tupperware Brands stock is now considered extended and out of buy range after clearing an 8.08 buy point in a first-stage cup without handle. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.
Earnings growth rose last quarter from -85% to -54%. But sales fell from -16% to -18%.
Tupperware Brands stock earns the No. 5 rank among its peers in the Household-Appliances/Hardware industry group. The Middleby and Newell Brands are also among the group's highest-rated stocks.
