The Relative Strength (RS) Rating for Kenvue jumped into a new percentile Friday, as it got a lift from 68 to 73.
This exclusive rating from Investor's Business Daily tracks price movement 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.
Over 100 years of market history shows that the top-performing stocks often have an 80 or better RS Rating as they begin their biggest climbs. See if Kenvue can continue to show renewed price strength and clear that threshold.
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Kenvue is still within a buy zone after breaking past a 23.55 buy point in a flat base. The proper buying range is up to 5% above the initial entry. Once a stock hits that benchmark, it's best to hold off investing and wait for it to set up another buying opportunity..
Kenvue showed -10% EPS growth in its most recent report, while sales growth came in at 0%.
The company earns the No. 9 rank among its peers in the Cosmetics/Personal Care industry group. FitLife Brands, BellRing Brands and ODDITY Tech are among the top 5 highly rated stocks within the group.
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