Logitech International stock saw a positive improvement to its Relative Strength (RS) Rating on Wednesday, rising from 78 to 81.
This proprietary rating tracks market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price action over the last 52 weeks matches up against the rest of the market.
Decades of market research shows that the market's biggest winners typically have an RS Rating of at least 80 in the early stages of their moves.
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Is Logitech International Stock A Buy?
Logitech International stock is building a consolidation with a 96.66 entry. See if computer hardware stock can break out in volume at least 40% above average.
In terms of top and bottom line numbers, the company has posted four quarters of rising earnings growth. Sales growth has also increased during the same period.
Logitech International stock holds the No. 2 rank among its peers in the Computer-Hardware/Peripherals industry group. Super Micro Computer is the No. 1-ranked stock within the group.
