The Relative Strength (RS) Rating for Fresh Del Monte Produce entered a new percentile Friday, with an increase from 78 to 83.
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the trailing 52 weeks compares to all the other stocks in our database.
History shows that the stocks that go on to make the biggest gains often have an RS Rating of at least 80 in the early stages of their moves.
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Fresh Del Monte Produce is working on a consolidation with a 35.27 entry. See if it can clear the breakout price in heavy trade.
The company showed 4% EPS growth in the latest quarterly report. Revenue increased 0%.
The company holds the No. 4 rank among its peers in the Food-Miscellaneous Preparation industry group. Chefs' Warehouse 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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