When putting together your watch list, look for stocks with an 80 or higher RS Rating. Tempur Sealy stock just met that criteria with a new score of 87.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
This unique rating identifies technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the last 52 weeks matches up against other publicly traded companies.
Over 100 years of market history reveals that the best stocks tend to have an 80 or higher RS Rating as they launch their biggest price moves.
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Is Tempur Sealy Stock A Buy?
While Tempur Sealy stock is not near an ideal buy zone right now, see if it goes on to form and break out from a proper chart pattern. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
The mattress specialist saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -23% to 0%. Revenue rose from -3% to 5%. Keep an eye out for the company's next round of numbers on or around Nov. 2.
Tempur Sealy stock earns the No. 3 rank among its peers in the Household-Office Furniture industry group. Tempur Sealy and Kewaunee Scientific are also among the group's highest-rated stocks.
