Gap stock saw a positive improvement to its Relative Strength (RS) Rating on Tuesday, rising from 77 to 81.
When you're researching the best stocks to buy and watch, be sure to pay attention to relative price strength.
IBD's unique rating tracks market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the trailing 52 weeks compares to all the other stocks in our database.
History shows that the best stocks typically have an RS Rating north of 80 as they begin their biggest climbs.
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Is Gap Stock A Buy?
Gap stock is not currently offering a proper buying opportunity. See if the retail stock goes on to build a chart pattern that could kick off a new price move. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
While sales growth fell last quarter from -6% to -8%, earnings-per-share grew 325%, up from 0% in the prior report.
Gap stock holds the No. 8 rank among its peers in the Retail-Apparel/Shoes/Accessories industry group. Abercrombie & Fitch and Urban Outfitters are also among the group's highest-rated stocks.
