The Relative Strength (RS) Rating for Performance Food Group moved up into a new percentile Wednesday, as it got a lift from 66 to 71.
Can You Really Time The Stock Market?
IBD's proprietary RS Rating tracks market leadership by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
Decades of market research reveals that the top-performing stocks tend to have an RS Rating north of 80 as they begin their biggest runs. See if Performance Food Group can continue to show renewed price strength and clear that threshold.
Performance Food Group is working on a consolidation with a 92.44 entry. See if it can clear the breakout price in heavy trading.
Earnings grew 9% last quarter, up from 1% in the prior report. Revenue also increased, from 3% to 9%. The next quarterly numbers are expected on or around May 7.
The company earns the No. 4 rank among its peers in the Wholesale-Food industry group. G. Willi-Food Intl is the No. 1-ranked stock 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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