On Thursday, Logitech International received an upgrade to its Relative Strength (RS) Rating, from 69 to 73.
This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks compares to all the other stocks in our database.
Decades of market research reveals that the best-performing stocks often have an RS Rating north of 80 as they begin their biggest climbs. See if Logitech International can continue to rebound and hit that benchmark.
When To Sell Stocks To Lock In Profits And Minimize Losses
While now is not an ideal time to jump in, see if the stock goes on to offer and clear a proper buy point.
While earnings growth decreased in the company's most recently reported quarter from 10% to 4%, sales grew 7%, up from 6% in the prior report.
The company earns the No. 2 rank among its peers in the Computer-Hardware/Peripherals industry group. Super Micro Computer 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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