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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

IBD Rating Upgrades: Dick's Sporting Goods Flashes Improved Price Strength

In a welcome move, Dick's Sporting Goods saw its Relative Strength Rating improve from 68 to 74 on Monday.

This unique rating tracks technical performance by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.

Over 100 years of market history shows that the best-performing stocks often have an 80 or higher RS Rating as they begin their largest price moves. See if Dick's Sporting Goods can continue to show renewed price strength and clear that threshold.

How To Invest In Stocks In Both Bull And Bear Markets

Dick's Sporting Goods is trying to complete a consolidation with a 239.30 entry. See if it can clear the breakout price in volume at least 40% higher than normal.

The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -3% to 55%. Revenue rose from 6% to 8%. Look for the next report on or around Nov. 26.

The company earns the No. 2 rank among its peers in the Retail-Leisure Products industry group. Build-A-Bear Workshop is the top-ranked stock within the group.

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