The Relative Strength (RS) Rating for YETI Holdings stock headed into a new percentile Tuesday, as it got a lift from 70 to 76.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
IBD's unique rating identifies market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
History shows that the market's biggest winners typically have an RS Rating of at least 80 in the early stages of their moves. See if YETI Holdings stock can continue to show renewed price strength and hit that benchmark.
Looking For Winning Stocks? Try This Simple Routine
Is YETI Holdings Stock A Buy?
YETI Holdings stock is building a cup with handle with a 49.12 buy point. See if it can break out in heavy trading. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
The consumer goods firm reported -11% EPS growth in its most recent report, while sales growth came in at 1%. The next quarterly results are expected on or around May 11.
YETI Holdings stock earns the No. 8 rank among its peers in the Leisure-Products industry group. Acushnet Holdings and MasterCraft Boat are also among the group's highest-rated stocks.
