Maplebear saw a welcome improvement to its Relative Strength (RS) Rating on Tuesday, with an upgrade from 63 to 77.
This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the best stocks typically have an 80 or better RS Rating as they launch their biggest climbs. See if Maplebear can continue to show renewed price strength and hit that benchmark.
How To Invest In Stocks In Both Bull And Bear Markets
While Maplebear is not near an ideal entry right now, see if it goes on to form and break out of a proper base.
While the company's top line growth fell last quarter from 12% to 10%, the bottom line grew 20%, up from 0% in the previous report.
The company earns the No. 15 rank among its peers in the Retail-Internet industry group. Liquidity Services, Sea ADR and DoorDash are among the top 5 highly rated stocks 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 Rising Relative Strength?
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
