Winnebago Industries (WGO) saw its Relative Strength (RS) Rating rise into a higher percentile on Monday, from 65 to 75. Winnebago stock was down for the day, but the drop doesn’t tell the whole story.
The 10-point jump in its RS Rating for Winnebago stock is impressive but not as much as its other ratings. The stocks that go on to make the biggest gains often have an 80 or better RS Rating as they begin their biggest runs. See if Winnebago Industries can continue to rebound and clear that threshold.
Winnebago Stock Rose As People Went Outdoors To Play
Winnebago makes motor homes and its sales and profits shot up last year as people working from home or laid off sought refuge in the great outdoors, often buying or renting motor homes to travel.
Among other key ratings, Winnebago stock has an 83 Composite Rating, putting it in the top 17% of stocks on a composite of five…