On Tuesday, Wayfair Cl A received an upgrade to its Relative Strength (RS) Rating, from 69 to 78.
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This exclusive rating from Investor's Business Daily tracks share price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database.
Decades of market research reveals that the stocks that go on to make the biggest gains typically have an 80 or better RS Rating in the early stages of their moves. See if Wayfair Cl A can continue to rebound and hit that benchmark.
Wayfair Cl A is not currently near a potential buy zone. See if the stock goes on to form a promising consolidation that could kick off a new climb.
Wayfair Cl A reported 0% earnings growth in the latest quarterly report, while sales growth came in at 0%.
The company holds the No. 21 rank among its peers in the Retail-Internet industry group. DoorDash, Fiverr International and MercadoLibre are among the top 5 highly rated stocks 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.
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