Tractor Supply stock saw a positive improvement to its Relative Strength (RS) Rating on Thursday, with an increase from 70 to 73.
IBD's unique rating tracks price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains often have an RS Rating north of 80 as they launch their largest price moves. See if Tractor Supply stock can continue to show renewed price strength and hit that benchmark.
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Is Tractor Supply Stock A Buy?
Tractor Supply stock is trying to complete a consolidation with a 61.53 buy point. See if the retail stock can break out in heavy volume.
The farm lifestyle retailer saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -6% to -4%. Revenue rose from 2% to 3%.
Tractor Supply stock earns the No. 1 rank among its peers in the Retail/Wholesale-Building Products industry group. Home Depot and Titan Machinery are also among the group's highest-rated stocks.