Bloomin' Brands stock saw a positive improvement to its Relative Strength (RS) Rating on Tuesday, rising from 67 to 71.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
IBD's proprietary rating identifies market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
History shows that the best stocks tend to have an RS Rating of over 80 as they begin their largest runs. See if Bloomin' Brands stock can continue to rebound and clear that threshold.
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Is Bloomin' Brands Stock A Buy?
Bloomin' Brands stock is not currently offering a proper buying opportunity. See if the stock goes on to form a sound pattern that could spark a new run.
The restaurant operator reported 9% earnings growth in its most recent report. Sales gains came in at 2%.
Bloomin' Brands stock holds the No. 26 rank among its peers in the Retail-Restaurants industry group. Chipotle Mexican Grill and Chuy's Holdings are also among the group's highest-rated stocks. For more industry news, check out "Retail Industry News And Stocks To Watch."
