On Tuesday, SharkNinja hit a noteworthy performance benchmark, seeing its Relative Strength (RS) Rating jump into the 80-plus percentile with an improvement to 82, up from 75 the day before.
This exclusive rating from Investor's Business Daily measures price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the market's biggest winners tend to have an 80 or higher RS Rating as they begin their biggest climbs.
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SharkNinja is not currently near a potential buy zone. See if the stock goes on to build a promising consolidation that could kick off a new price move.
Earnings growth increased last quarter from 27% to 49%. But sales fell from 33% to 30%.
The company holds the No. 1 rank among its peers in the Household-Appliances/Hardware industry group. Middleby and Hamilton Beach Brands 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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