YETI Holdings stock had its Relative Strength (RS) Rating upgraded from 65 to 73 Wednesday -- a welcome improvement, but still shy of the 80 or higher score you look for.
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 identifies price movement with a 1 (worst) to 99 (best) score. The rating 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 best stocks often have an 80 or better RS Rating as they launch their biggest climbs. See if YETI Holdings stock can continue to show renewed price strength and clear that threshold.
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Is YETI Holdings Stock A Buy?
YETI Holdings stock is working on a cup with a wide handle with a 49.02 entry. See if the stock can clear the breakout price in volume at least 40% higher than normal.
While sales growth fell last quarter from 3% to -4%, earnings-per-share grew -10%, up from -44% in the previous report.
YETI Holdings stock earns the No. 6 rank among its peers in the Leisure-Products industry group. Acushnet Holdings and Polaris are also among the group's highest-rated stocks.
