The Relative Strength (RS) Rating for JM Smucker moved up into a new percentile Tuesday, as it got a lift from 68 to 74.
This exclusive rating from Investor's Business Daily identifies price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
Decades of market research shows that the best-performing stocks tend to have an 80 or higher RS Rating in the early stages of their moves. See if JM Smucker can continue to rebound and clear that threshold.
How To Invest In Stocks In Both Bull And Bear Markets
JM Smucker is not currently near a potential buy zone. See if the stock goes on to form a chart pattern that could ignite a new run.
The company reported 5% EPS growth last quarter, while sales growth came in at -2%.
JM Smucker holds the No. 6 rank among its peers in the Food-Packaged industry group. Nomad Foods, Seneca Foods Cl A and Kellanova 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:
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!