The Relative Strength (RS) Rating for Hawkins moved up into a new percentile Tuesday, as it got a lift from 70 to 76.
This unique rating measures technical performance by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
Decades of market research shows that the market's biggest winners often have an RS Rating north of 80 in the early stages of their moves. See if Hawkins can continue to rebound and clear that threshold.
When To Sell Stocks To Lock In Profits And Minimize Losses
Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock goes on to establish and enter a buy zone in heavy volume.
While the company's bottom line growth dropped last quarter from 5% to 1%, the top line grew 8%, up from 4% in the previous report.
Hawkins earns the No. 1 rank among its peers in the Chemicals-Basic industry group. DuPont de Nemours and Westlake Chem Partners are also among the group's highest-rated stocks.
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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