Urban Outfitters saw a welcome improvement to its Relative Strength (RS) Rating on Thursday, with an increase from 72 to 90.
IBD's unique RS Rating identifies technical performance by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
History shows that the best stocks tend to have an RS Rating north of 80 in the early stages of their moves.
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While it's not currently an ideal time to invest, see if the stock is able to establish and enter a buying range in heavy trade.
Earnings grew 51% last quarter, up from 25% in the prior report. Revenue also increased, from 6% to 10%.
Urban Outfitters earns the No. 1 rank among its peers in the Retail-Apparel/Shoes/Accessories industry group. TJX Cos and Burlington Stores are also among the group's highest-rated stocks.
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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