Banking

Vizio Tunes In Higher RS Rating

On Monday, Vizio (VZIO) got a positive adjustment to its Relative Strength (RS) Rating, from 65 to 72.

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.


See How IBD Helps You Make More Money In Stocks


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%.

The company holds the No. 6 rank among its peers in the Consumer Products-Electronics industry group. Sonos (SONO) and Turtle Beach (HEAR) are also among the group’s highest-rated stocks.

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