In a welcome move, Logitech International saw its Relative Strength Rating rise from 70 to 74 on Tuesday.
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the top-performing stocks typically have an 80 or higher RS Rating as they begin their biggest price moves. See if Logitech International can continue to rebound and hit that benchmark.
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Logitech International is building a cup without handle with a 102.59 buy point. See if the stock can break out in heavy trading.
The company reported 10% earnings growth last quarter. Sales gains came in at 6%. The next quarterly results are expected on or around Jan. 28.
Logitech International earns the No. 1 rank among its peers in the Computer-Hardware/Peripherals industry group. Super Micro Computer and IonQ are also among the group's highest-rated stocks.
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