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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY and JULIE MAK

Tumbler Maker YETI Holdings Stock Sees RS Rating Trek Higher

YETI Holdings stock had its Relative Strength (RS) Rating upgraded from 68 to 74 Friday -- a welcome improvement, but still short of the 80 or better score you look for.

When you're researching the best stocks to buy and watch, be sure to pay attention to relative price strength.

This proprietary rating identifies technical performance by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.

Over 100 years of market history reveals that the market's biggest winners typically have an RS Rating of at least 80 as they launch their biggest climbs. See if YETI Holdings stock can continue to show renewed price strength and hit that benchmark.

See How IBD Helps You Make More Money In Stocks

Is YETI Holdings Stock A Buy?

YETI Holdings stock is building the right side of a cup without handle with a 51.27 buy point. See if it can break out in volume at least 40% above average. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.

The maker of outdoor and recreational products saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -10% to -5%. Revenue rose from -4% to 0%.

YETI Holdings stock holds the No. 5 rank among its peers in the Leisure-Products industry group. Brunswick and Escalade are also among the group's highest-rated stocks.

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