When building your watch list, focus on stocks with an 80 or higher RS Rating. Build-A-Bear Workshop is one stock that just reached the mark, now earning a score of 83.
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IBD's proprietary rating tracks market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the market's biggest winners often have an RS Rating north of 80 in the early stages of their moves.
Build-A-Bear Workshop is now considered extended and out of buy range after clearing a 32.47 buy point in a second-stage cup without handle. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week moving average.
The company posted 19% earnings growth in its most recent report. Sales increased 1%. The next quarterly numbers are expected on or around May 22.
The company earns the No. 1 rank among its peers in the Retail-Leisure Products industry group. Hayward Holdings and Winmark 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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