Try navigating with the keyboard also. You can go directly to an option by typing its text.
With event handler:
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With tooltips:
Most Popular
Name
Price (High to Low)
Price (Low to High)
Newest
Most Popular
Name
Price (High to Low)
Price (Low to High)
Newest
Alternative style:
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★★
★★★
★★★★
★★★★★
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★★
★★★
★★★★
★★★★★