Casey's General Stores had its Relative Strength (RS) Rating upgraded from 76 to 82 Monday.
IBD's unique RS Rating tracks technical performance by showing how a stock's price movement over the last 52 weeks measures up against that of other stocks on the major indexes.
Over 100 years of market history shows that the top-performing stocks often have an RS Rating of over 80 as they launch their biggest runs.
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While Casey's General Stores is not near an ideal buy zone right now, see if it manages to form and break out of a proper chart pattern.
While earnings growth decreased in the company's most recent performance report from 14% to 0%, revenue rose 17%, up from -3% in the previous report.
Casey's General Stores holds the No. 3 rank among its peers in the Retail-Super/Mini Markets industry group. Sprouts Farmers Market is the top-ranked stock 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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