Vizio Stock Earns 86 RS Rating Showing Rising Market Leadership

Vizio (VZIO) had its Relative Strength (RS) Rating upgraded from 79 to 86 Tuesday.


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 measures share price action with a 1 (worst) to 99 (best) score. The score shows how a stock’s price behavior over the last 52 weeks stacks up against all the other stocks in our database.

History shows that the top-performing stocks tend to have an 80 or better RS Rating in the early stages of their moves.

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Vizio is now considered extended and out of buy range after clearing a 26.00 buy point in a first-stage ipo base. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week moving average.

Earnings growth moved up last quarter from 217% to 1,000%, but revenue fell from 25% to 19%.

The company earns the No. 2 rank among its peers in the Consumer Products-Electronics industry group. Vizio (VZIO) and Sonos (SONO) are also among the group’s highest-rated stocks.


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