The Relative Strength (RS) Rating for Driven Brands stock climbed into a new percentile Wednesday, as it got a lift from 69 to 76.
IBD's unique rating measures price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the best stocks typically have an RS Rating north of 80 as they begin their biggest price moves. See if Driven Brands stock can continue to rebound and hit that benchmark.
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Is Driven Brands Stock A Buy?
Driven Brands stock is working on a cup with handle with a 15.05 buy point. See if the retail stock can break out in volume at least 40% above average.
Earnings growth moved up last quarter from -8% to 30%, but sales fell from 2% to 1%.
Driven Brands stock holds the No. 1 rank among its peers in the Retail/Wholesale-Auto industry group. Copart and O'Reilly Automotive are also among the group's highest-rated stocks.
