IBD Rating Upgrades: Smith & Wesson Brands Shows Improved Price Strength

The Relative Strength (RS) Rating for Smith & Wesson Brands (SWBI) moved up into a higher percentile Wednesday, as it got a lift from 69 to 74.


When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.

This exclusive rating from Investor’s Business Daily tracks share price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock’s price performance over the trailing 52 weeks holds up against all the other stocks in our database.

Decades of market research shows that the best-performing stocks tend to have an 80 or better RS Rating as they begin their largest climbs. See if Smith & Wesson Brands can continue to rebound and clear that threshold.

Looking For The Best Stocks To Buy And Watch? Start Here

While it’s not currently an ideal time to jump in, see if the stock goes on to establish and enter a buying range in heavy trade.

The company posted 700% EPS growth in the latest quarterly report. Sales gains came in at 102%.

Smith & Wesson Brands earns the No. 3 rank among its peers in the Security/Safety industry group. Axon Enterprise (AXON) and Smith & Wesson Brands (SWBI) are also among the group’s highest-rated stocks.


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