The Relative Strength (RS) Rating for BBB Foods jumped into a new percentile Tuesday, as it got a lift from 62 to 77.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's unique RS Rating measures technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the last 52 weeks compares to other publicly traded companies.
Decades of market research shows that the top-performing stocks often have an RS Rating of over 80 as they begin their biggest climbs. See if BBB Foods can continue to rebound and clear that threshold.
BBB Foods is working on a consolidation with a 35.22 entry. See if the stock can break out in heavy volume.
The company reported 0% earnings growth last quarter. Sales increased 8%. The next quarterly results are expected on or around May 21.
The company earns the No. 4 rank among its peers in the Retail-Major Discount Chains industry group. PriceSmart 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.
RELATED:
Retail Industry News And Stocks To Watch
Which Stocks Are Showing Improved Price Performance?
Why Should You Use IBD's Relative Strength Rating?
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
