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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

Stocks With Rising Relative Strength: Hasbro

On Thursday, Hasbro received a positive adjustment to its Relative Strength (RS) Rating, from 69 to 73.

IBD's unique rating tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks holds up against all the other stocks in our database.

Decades of market research shows that the market's biggest winners tend to have an RS Rating north of 80 in the early stages of their moves. See if Hasbro can continue to show renewed price strength and hit that benchmark.

When To Sell Stocks To Lock In Profits And Minimize Losses

Hasbro is trying to complete a consolidation with a 73.46 buy point. See if the stock can clear the breakout price in volume at least 40% higher than normal.

While earnings-per-share growth declined in the company's most recent performance report from 149% to 5%, the top line grew -15%, up from -18% in the prior report.

Hasbro holds the No. 3 rank among its peers in the Leisure-Toys/Games/Hobby industry group. Funko Cl A is the top-ranked stock within the group.

RELATED:

IBD Stock Rating Upgrades: Rising Relative Strength

Why Should You Use IBD's Relative Strength Rating?

How Relative Strength Line Can Help You Judge A Stock

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