On Wednesday, Birkenstock Holding stock received an upgrade to its Relative Strength (RS) Rating, from 69 to 73.
This exclusive rating from Investor's Business Daily measures 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.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains tend to have an RS Rating of above 80 as they begin their largest price moves. See if Birkenstock Holding can continue to rebound and hit that benchmark.
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Is Birkenstock Holdings Stock A Buy?
Birkenstock Holding stock is trying to complete the right side of a cup without handle with a 64.78 buy point. See if the shoe and apparel stock can break out in volume at least 40% higher than normal.
The footwear maker saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 2% to 13%. Revenue rose from 17% to 28%. Look for the next report on or around Dec. 18.
Birkenstock Holding stock holds the No. 3 rank among its peers in the Apparel-Shoes & Related industry group. Deckers Outdoor is the top-ranked stock within the group.
