On Friday, Yum! Brands got a positive adjustment to its Relative Strength (RS) Rating, from 89 to 93.
IBD's unique rating tracks price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database.
History reveals that the market's biggest winners often have an RS Rating of above 80 in the early stages of their moves.
Here Are 3 Keys For Successful Stock Investing
Yum! Brands has climbed more than 5% past a 143.20 entry in a first-stage flat base, meaning it's now out of a proper buy zone. Look for the stock to offer a new chance to get in like a three-weeks tight or pullback to the 50-day or 10-week moving average.
Earnings grew 21% last quarter, up from -5% in the prior report. Revenue also increased, from 7% to 16%. Keep an eye out for the company's next round of numbers on or around Apr. 30.
Yum! Brands holds the No. 3 rank among its peers in the Retail-Restaurants industry group. Dutch Bros 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.
RELATED:
Retail Industry News And Stocks To Watch
Stocks With Rising Relative Strength Ratings
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
