The Relative Strength (RS) Rating for BJ's Restaurants jumped into a higher percentile Friday, as it got a lift from 70 to 76.
IBD's proprietary rating tracks share price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history shows that the stocks that go on to make the biggest gains often have an RS Rating of over 80 in the early stages of their moves. See if BJ's Restaurants can continue to show renewed price strength and hit that benchmark.
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BJ's Restaurants is not currently showing a potential entry point. See if the stock goes on to form a base that could spark a new run.
Earnings grew 4% last quarter, up from 0% in the prior report. Revenue also increased, from 2% to 6%. The company is expected to report its latest results on or around Apr. 17.
The company earns the No. 15 rank among its peers in the Retail-Restaurants industry group. Dutch Bros, Cheesecake Factory and Darden Restaurants are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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