In a welcome move, SharkNinja saw its Relative Strength Rating rise from 69 to 79 on Thursday.
IBD's unique rating identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the trailing 52 weeks compares to all the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners often have an RS Rating of above 80 as they launch their largest climbs. See if SharkNinja can continue to show renewed price strength and clear that threshold.
How To Invest In Stocks In Both Bull And Bear Markets
SharkNinja is not currently offering a proper buying opportunity. See if the stock goes on to form a chart pattern that could kick off a new price move.
While sales growth fell last quarter from 33% to 30%, EPS grew 49%, up from 27% in the previous report.
SharkNinja holds the No. 1 rank among its peers in the Household-Appliances/Hardware industry group. Middleby and Hamilton Beach Brands are also among the group's highest-rated stocks.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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