Two apparel stocks are losing steam, with their Growth scores in Benzinga’s Edge Stock Rankings taking a nosedive within the span of a week.
2 Apparel Stocks With A Dip In Growth Scores
In Benzinga’s Edge Rankings, the Growth metric is calculated based on the historical expansion in earnings and revenue, with equal parts importance given to both long-term trends and recent performances.
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A significant dip in growth scores thus indicates that a company has had a bad quarter, affecting its compounded annual growth rate, and lowering its rankings relative to other stocks.