Winmark saw a positive improvement to its Relative Strength (RS) Rating on Thursday, with an increase from 78 to 81.
Hone Your Stock-Picking Skills By Focusing On These Factors
IBD's unique rating tracks share price action with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners tend to have an 80 or higher RS Rating as they launch their biggest runs.
Winmark broke out earlier, but has fallen back below the prior 459.93 entry from a cup without handle. In the case where a stock breaks out then falls 7% or more below the entry price, it's considered a failed breakout. If that happens, it's best to wait for a new pattern to form. Also keep in mind that the latest consolidation is a later-stage base, and those involve more risk.
Winmark reported 1% EPS growth in the latest quarterly report, while sales growth came in at 1%.
Winmark holds the No. 5 rank among its peers in the Retail-Leisure Products industry group. Build-A-Bear Workshop is the No. 1-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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