One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Logitech International (LOGI) stock now clears that threshold, with a jump from 74 to 81 Thursday.
↑ X NOW PLAYING How To Buy Stocks: Do You Know Your Stock's Personality Type?This exclusive rating from Investor's Business Daily measures price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks compares to all the other stocks in our database.
Decades of market research reveals that the best-performing stocks typically have an 80 or higher RS Rating as they launch their biggest climbs.
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Logitech International stock is trying to complete a cup without handle with a 102.59 entry. See if the tech stock can clear the breakout price in heavy trade. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
EPS growth decreased in the company's latest report from 10% to 4%, but revenue rose from 6% to 7%.
Logitech International earns the No. 1 rank among its peers in the Computer-Hardware/Peripherals industry group. Super Micro Computer (SMCI) and IonQ (IONQ) are also among the group's highest-rated stocks.
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