The Relative Strength (RS) Rating for Central Garden & Pet A entered a new percentile Thursday, with an increase from 75 to 81.
IBD's unique RS Rating identifies market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the last 52 weeks matches up against the rest of the market.
History reveals that the top-performing stocks typically have an 80 or better RS Rating in the early stages of their moves.
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Central Garden & Pet A is building a consolidation with a 41.03 entry. See if it can break out in heavy volume.
Top and bottom line growth moved higher in the company's most recent quarter. Earnings were up 2,000%, compared to 0% in the prior report. Revenue increased from -11% to 3%. The next quarterly numbers are expected on or around May 7.
The company earns the No. 3 rank among its peers in the Consumer Products-Specialty industry group. Oil-Dri of America 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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