The Relative Strength (RS) Rating for Hayward Holdings stock entered a new percentile Friday, with a rise from 61 to 84.
When you're researching the best stocks to buy and watch, be sure to pay attention to relative price strength.
IBD's proprietary rating tracks share price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.
History reveals that the best stocks often have an 80 or better RS Rating as they launch their biggest climbs.
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Is Hayward Holdings Stock A Buy?
Hayward Holdings stock tried to clear a consolidation Thursday on upbeat Q4 earnings results, but the stock closed at the lower part of its trading range. While the stock is not near an ideal buying range right now, see if it can offer a second opportunity at the 15.21 entry point.
In terms of top and bottom line numbers, the pool technology company has posted rising EPS growth in each of the last three reports. Sales gains have also increased during the same period.
Hayward Holdings stock holds the No. 3 rank among its peers in the Retail-Leisure Products industry group. Academy Sports & Outdoors and Hayward Holdings are also among the group's highest-rated stocks.
