JM Smucker had its Relative Strength (RS) Rating upgraded from 80 to 85 Thursday.
This exclusive rating from Investor's Business Daily identifies price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners tend to have an 80 or higher RS Rating in the early stages of their moves.
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While now is not an ideal time to buy shares, see if the stock manages to form a chart pattern and break out.
JM Smucker showed 5% earnings growth in the latest quarterly report, while sales growth came in at -2%.
JM Smucker holds the No. 7 rank among its peers in the Food-Packaged industry group. Kellanova, Lancaster Colony and Nomad Foods are among the top 5 highly rated stocks 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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