The Relative Strength (RS) Rating for Post Holdings jumped into a new percentile Monday, as it got a lift from 69 to 73.
IBD's unique rating tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
Decades of market research shows that the stocks that go on to make the biggest gains tend to have an RS Rating of over 80 in the early stages of their moves. See if Post Holdings can continue to show renewed price strength and hit that benchmark.
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Post Holdings is still within a buying range after climbing above a 118.96 entry in a flat base. The proper buying range extends to 5% above the initial entry. Once a stock moves above that range, it's best to wait for it to set up another buying opportunity..
Post Holdings reported -6% earnings growth in the latest quarterly report, while sales growth came in at 3%.
The company earns the No. 5 rank among its peers in the Food-Packaged industry group. Freshpet is the top-ranked stock within the group.
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