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Investors Business Daily

Business

INVESTOR'S BUSINESS DAILY and JULIE MAK

Tapestry Stock Reaches 80-Plus RS Rating Benchmark

Tapestry

Tapestry stock saw a welcome improvement to its Relative Strength (RS) Rating on Wednesday, with an upgrade from 77 to 82.

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 behavior over the trailing 52 weeks stacks up against all the other stocks in our database.

History shows that the best stocks typically have an RS Rating of over 80 as they launch their biggest climbs.

Hone Your Stock-Picking Skills By Focusing On These Factors

Is Tapestry Stock A Buy?

Tapestry stock is trading within a buy range after clearing a 44.63 entry in a double bottom. Once a stock moves 5% or higher beyond the original entry, it's considered extended and out of buy range.

The apparel company reported negative growth for both the top and bottom lines last quarter.

Tapestry stock earns the No. 4 rank among its peers in the Apparel-Clothing Manufacturing industry group. Gildan Activewear is the top-ranked stock within the group.

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