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On Thursday, Etsy (ETSY) got an upgrade to its Relative Strength (RS) Rating, from 70 to 75. IBD's proprietary rating tracks market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the trailing 52 weeks stacks up against all the other stocks in our database. History reveals that the best-performing stocks tend to have an RS Rating north of 80 as they launch their largest price moves. See if Etsy can continue to show renewed price strength and hit that benchmark. While it's not currently an ideal time to buy shares, see if the stock is able to establish and enter a buying range in heavy volume. While revenue growth fell last quarter from 4% to 2%, EPS grew 40%, up from -39% in the prior report. The company holds the No. 29 rank among its peers in the Retail-Internet industry group. Amazon.com (AMZN), DoorDash (DASH) and Sea ADR (SE) are among the top 5 highly rated stocks within the group. This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
