Hasbro saw a positive improvement to its Relative Strength (RS) Rating on Monday, rising from 70 to 83.
When looking for the best stocks to buy and watch, be sure to pay attention to relative price strength.
This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the trailing 52 weeks holds up against all the other stocks in our database.
History reveals that the top-performing stocks often have an 80 or higher RS Rating as they begin their biggest runs.
See How IBD Helps You Make More Money In Stocks
While the stock is not near an ideal buy zone right now, it has held up better than many other stocks. Today it is continuing the nice move up that started on Friday. Now we need to see if it manages to form and break out from a proper chart pattern.
Although earnings and sales growth came in at -57% and -10%, respectively, in the latest report, that marked one quarter of improvement for EPS and two for the top line.
Hasbro earns the No. 2 rank among its peers in the Leisure-Toys/Games/Hobby industry group. JAKKS Pacific is also among the group's highest-rated stocks.
Stocks To Buy And Watch: Top IPOs, Big And Small Caps, Growth Stocks
