When putting together your watch list, look for stocks with an 80 or higher RS Rating. Williams-Sonoma now meets that criteria, with an increase from 78 to 81 Tuesday.
This exclusive rating from Investor's Business Daily tracks price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
History reveals that the stocks that go on to make the biggest gains often have an RS Rating of above 80 as they begin their biggest runs.
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Williams-Sonoma is trying to complete a consolidation with a 174.25 entry. See if it can clear the breakout price in heavy volume.
Earnings growth dropped last quarter from 55% to 12%, but the top line rose from -5% to -4%. The company is expected to report its latest numbers on or around Nov. 14.
The company holds the No. 1 rank among its peers in the Retail-Home Furnishings industry group. RH and Lovesac are also among the group's highest-rated stocks.
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