When building your watch list, look for stocks with an 80 or higher RS Rating. Warby Parker just met that criteria with a new score of 85.
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
History reveals that the best stocks typically have an RS Rating north of 80 as they begin their biggest runs.
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Warby Parker has moved more than 5% past a 17.95 entry in a first-stage consolidation, meaning it's now out of a proper buy zone. Look for the stock to create a new chance to get in like a three-weeks tight or pullback to the 50-day or 10-week line.
The company reported 0% earnings growth in the latest quarterly report. Revenue rose 18%.
The company earns the No. 5 rank among its peers in the Retail-Specialty industry group. RB Global is the No. 1-ranked stock within the group.
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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