The Relative Strength (RS) Rating for Performance Food Group jumped into a higher percentile Wednesday, as it got a lift from 67 to 72.
This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The rating 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 shows that the best stocks typically have an 80 or better RS Rating as they begin their largest runs. See if Performance Food Group can continue to rebound and clear that threshold.
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While Performance Food Group is not near an ideal entry right now, see if it is able to form and break out from a proper chart pattern.
Earnings grew 9% last quarter, up from 1% in the prior report. Revenue also increased, from 3% to 9%. The company is expected to report its latest earnings and sales numbers on or around May 7.
Performance Food Group earns the No. 5 rank among its peers in the Wholesale-Food industry group. US Foods Holding is the top-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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