When considering what names to put on your watch list, focus on stocks with an 80 or higher RS Rating. Ollie's Bargain Outlet just met that criteria with a new score of 86.
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 trailing 52 weeks stacks up against all the other stocks in our database.
History shows that the best stocks typically have an RS Rating north of 80 as they launch their biggest climbs.
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While now is not an ideal time to jump in, see if the stock is able to offer and clear a proper buy point.
Ollie's Bargain Outlet showed 14% earnings growth in the latest quarterly report. Sales increased 8%.
The company earns the No. 2 rank among its peers in the Retail-Discount & Variety industry group. MINISO Group Holding ADR is the top-ranked stock within the group.
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