These 2 Stocks Are Sending a Bullish Signal

Making the right decision in the investment market is no easy task. Investors must wade into a sea of often contradictory data and locate the kernels of fact that can point toward a stock’s likely future. Finding a semblance of sense and pattern in the jumble of raw information is the necessary prerequisite for success. This is where the TipRanks Smart Score comes in.

Using a set of proprietary algorithms, the Smart Score collects a range of data for every stock – and sorts it according to 8 factors that are known to influence stock price. The result is a single distilled score, on a 1 to 10 scale, that can tell an investor at a glance the general health of a stock. And a look behind the score is easy to do, and add context to a stock’s performance.

So let’s get an early start on this, and look ‘under the hood’ at 2 stocks that are sending bullish signals to investors – with their ‘Perfect 10’ Smart Scores.

Arhaus, Inc. (ARHS)

The first stock we’ll look at is Arhaus, a furniture company based in Ohio and offering its products through 80 showroom stores across the US. The company produces and markets a wide range of furniture for both the home and patio, including full sets for home offices, bedrooms, and living and dining rooms. Arhaus prides itself for working with small artisans around the world on its product sourcing.

While Arhaus maintains a sizable network of brick-and-mortar locations, the company also keeps strong e-commerce segment. Overall, Arhaus works hard at its preferred mode of direct-to-consumer sales. With a long-standing reputation for customer-centered service, innovative product designs, and responsible sourcing, the company has had a high measure of success at this preferred business model.

That success can be seen in latest quarterly financials, for 2Q22. The report showed revenues powering forward by 66% year-over-year to reach $306 million; this made up a significant portion of the year’s six-month gain of 55.5%; from Jan 1 to June 30, Arhaus brought in $553 million at the top line. The company’s net income hit $37…


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