Stock Upgrades: Netgear Shows Rising Relative Strength

Stock Upgrades: Netgear Shows Rising Relative Strength

After two consecutive quarters of double-digit sales and profit growth, is network gear maker Netgear poised for a breakout? Netgear reached an important technical milestone Thursday, as its stock Relative Strength (RS) Rating improved to 82, up from 79 the day before. The 82 RS Rating means Silicon Valley-based Netgear has outperformed 82% of all other stocks over the past year.