When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
IBD’s unique rating measures market leadership 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 shows that the best stocks typically have an RS Rating north of 80 in the early stages of their moves. See if Vizio can continue to show renewed price strength and hit that benchmark.
While it’s not currently an ideal time to invest, see if the stock is able to offer and clear an appropriate buy point.
Earnings growth decreased last quarter from 1,000% to -60%. But sales moved higher, from 19% to 52%.
YOU MIGHT ALSO LIKE: