In a welcome move, La-Z-Boy saw its Relative Strength Rating improve from 69 to 74 on Monday.
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the best stocks often have an RS Rating north of 80 as they launch their biggest climbs. See if La-Z-Boy can continue to show renewed price strength and hit that benchmark.
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La-Z-Boy is building a consolidation with a 45.23 buy point. See if it can clear the breakout price in heavy trading.
Top and bottom line growth moved higher last quarter. Earnings were up 0%, compared to -4% in the prior report. Revenue increased from -1% to 3%. Look for the next report on or around Nov. 19.
La-Z-Boy holds the No. 1 rank among its peers in the Retail-Home Furnishings industry group. Williams-Sonoma and Lovesac are also among the group's highest-rated stocks.
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