Logitech International Joins Rank Of Stocks With 95-Plus Composite Rating

Logitech International (LOGI) saw its IBD SmartSelect Composite Rating jump to 96 Thursday, up from 94 the day before.


The new score means the company is now outperforming 96% of all stocks in terms of the most important fundamental and technical stock-picking criteria. History shows the top market performers tend to have a 95 or higher score as they launch their major moves.

Logitech International is trading within a buy range from a 117.24 entry from a cup with handle. But note that it’s a later-stage base, which makes it a riskier entry point.

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The stock has a 99 EPS Rating, meaning its recent quarterly and longer-term annual earnings growth tops 99% of all stocks.

Its Accumulation/Distribution Rating of D- shows moderate selling by institutional investors over the last 13 weeks. Look for the rating to improve to at least a C or better.

In Q4, the company posted 245% earnings-per-share growth. Sales growth rose 117%, up from 85% in the prior report. The company has now posted rising growth in each of the last five reports.

Logitech International holds the No. 2 rank among its peers in the Computer-Hardware/Peripherals industry group. Cricut (CRCT) is the No. 1-ranked stock within the group.


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