Turtle Beach Sees IBD RS Rating Improve To 72
On Tuesday, Turtle Beach got an upgrade to its Relative Strength (RS) Rating, from 69 to 72.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
Decades of market research reveals that the best-performing stocks tend to have an RS Rating of above 80 as they begin their biggest runs. See if Turtle Beach can continue to rebound and clear that threshold.
Turtle Beach is not currently offering a proper buying opportunity. See if the stock goes on to build a chart pattern that could launch a new move.
The company posted negative growth for both sales and earnings last quarter.
Turtle Beach earns the No. 4 rank among its peers in the Consumer Products-Electronics industry group. Sonos and Turtle Beach are also among the group's highest-rated stocks.