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Capri Holdings Earns Relative Strength Rating Upgrade

In a welcome move, Capri Holdings (CPRI) saw its Relative Strength Rating rise from 65 to 79 on Wednesday.




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When you’re researching the best stocks to buy and watch, be sure to pay attention to relative price strength.

IBD’s proprietary RS Rating identifies market leadership by using a 1 (worst) to 99 (best) score that shows how a stock’s price action over the trailing 52 weeks matched up against all other stocks.

Decades of market research shows that the best stocks often have an RS Rating of over 80 in the early stages of their moves. See if Capri Holdings can continue to rebound and hit that benchmark.


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Now is not an ideal time to jump in since it isn’t near a proper buy zone, but see if the stock goes on to establish and enter a buy zone in heavy volume.

The company showed 17% earnings growth last quarter, while sales growth came in at 9%.

The company holds the No. 3 rank among its peers in the Apparel-Clothing Manufacturing industry group. Columbia Sportswear (COLM) and Capri Holdings (CPRI) are also among the group’s highest-rated stocks.

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