Smith & Wesson Brands Shows Market Leadership With Jump To 81 RS Rating

On Monday, Smith & Wesson Brands (SWBI) received an upgrade to its Relative Strength (RS) Rating, from 78 to 81.


As you try to find the best stocks to buy and watch, be sure to pay attention to relative price strength.

IBD’s proprietary rating tracks share price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock’s price movement over the last 52 weeks stacks up against all the other stocks in our database.

Decades of market research shows that the stocks that go on to make the biggest gains often have an RS Rating north of 80 as they launch their biggest runs.

Looking For Winning Stocks? Try This Simple Routine

The IBD 50 stock is working on a consolidation with a 23.67 buy point. See if the stock can clear the breakout price in volume at least 40% higher than normal.

The company posted 700% EPS growth in its most recent report, while sales growth came in at 102%. Look for the next report on or around Jun. 18.

The company holds the No. 1 rank among its peers in the Security/Safety industry group.


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