When putting together your watch list, focus on stocks with an 80 or higher RS Rating. Urban Outfitters just met that criteria with a new score of 87.
This exclusive rating from Investor's Business Daily identifies share price performance with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database.
History shows that the market's biggest winners often have an RS Rating north of 80 as they begin their biggest climbs.
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While it's not currently an ideal time to buy shares, see if the stock manages to form a chart pattern and break out.
Top and bottom line growth moved higher in the company's most recent quarter. Earnings were up 51%, compared to 25% in the prior report. Revenue increased from 6% to 10%.
Urban Outfitters earns the No. 1 rank among its peers in the Retail-Apparel/Shoes/Accessories industry group. TJX Cos and lululemon athletica 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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