On Thursday, G-III Apparel Group (GIII) got an upgrade to its Relative Strength (RS) Rating, from 80 to 83.
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This exclusive rating from Investor’s Business Daily measures price performance with a 1 (worst) to 99 (best) score. The score shows how a stock’s price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
Decades of market research shows that the stocks that went on to make the biggest gains often had an RS Rating north of 80 in the early stages of their moves.
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G-III Apparel Group is working on a consolidation with a 35.68 buy point. See if it can break out in heavy trades.
The company reported 85% EPS growth in the latest quarterly report, while sales growth came in at -10%.
G-III Apparel Group holds the No. 7 rank among its peers in the Apparel-Clothing Manufacturing industry group. Ermenegildo Zegna (ZGN), Ralph Lauren Cl A (RL) and Gildan Activewear (GIL) are among the top 5 highly rated stocks within the group.
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