Murphy USA saw a positive improvement to its Relative Strength (RS) Rating on Friday, rising from 79 to 85.
This exclusive rating from Investor's Business Daily tracks share price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the last 52 weeks compares to all the other stocks in our database.
History shows that the stocks that go on to make the biggest gains typically have an 80 or higher RS Rating as they begin their biggest price moves.
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Murphy USA is trying to complete a double bottom with a 520.85 buy point. See if the stock can break out in volume at least 40% above average.
Although earnings and sales growth came in at -1% and -7%, respectively, in the latest report, that marked acceleration for both the top and bottom lines. The company is expected to report its next quarterly numbers on or around May 7.
Murphy USA holds the No. 7 rank among its peers in the Retail-Super/Mini Markets industry group. Sprouts Farmers Market, Casey's General Stores and Natural Grocers 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.
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