Wolverine World Wide stock had its Relative Strength (RS) Rating upgraded from 68 to 82 Friday.
As you try to find the best stocks to buy and watch, keep a close on eye on relative price strength.
This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
History reveals that the stocks that go on to make the biggest gains tend to have an RS Rating north of 80 in the early stages of their moves.
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Is Wolverine World Wide Stock A Buy?
Wolverine World Wide stock has been trading below its 200-day moving average and currently not in a proper buy point. While it's not currently an ideal time to invest, see if the apparel stock manages to offer and clear an appropriate buy point. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
Earnings growth increased last quarter from -14% to 0%. But sales fell from 9% to 5%.
Wolverine World Wide stock holds the No. 9 rank among its peers in the Apparel-Shoes & Related industry group. Deckers Outdoor and Nike Cl B are also among the group's highest-rated stocks.
