On Wednesday, Williams-Sonoma got an upgrade to its Relative Strength (RS) Rating, from 79 to 82.
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IBD's unique rating identifies price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks holds up against all the other stocks in our database.
Decades of market research shows that the market's biggest winners tend to have an 80 or better RS Rating in the early stages of their moves.
Williams-Sonoma is working on a cup with handle with a 210.59 entry. See if it can clear the breakout price in heavy trading.
Earnings growth increased in the company's latest report from 9% to 20%, but the top line fell from 4% to 3%.
The company holds the No. 2 rank among its peers in the Retail-Home Furnishings industry group. Arhaus is the top-ranked stock 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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