On Monday, Ross Stores stock earned an upgrade to its Relative Strength (RS) Rating, from 69 to 72.
This exclusive rating from Investor's Business Daily identifies share price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the top-performing stocks often have an 80 or higher RS Rating as they begin their largest runs. See if Ross Stores stock can continue to rebound and hit that benchmark.
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Is Ross Stores Stock A Buy?
Ross Stores stock is trying to complete a cup with handle with a 158.69 buy point. See if the retail stock can break out in volume at least 40% higher than normal.
The off-price retail apparel and home goods company reported 11% earnings growth in its most recent report. Sales increased 3%.
Ross Stores stock earns the No. 8 rank among its peers in the Retail-Apparel/Shoes/Accessories industry group. Abercrombie & Fitch, Burlington Stores and Urban Outfitters are among the top 5 highly rated stocks within the group.
