Dollar Tree stock saw a positive improvement to its Relative Strength (RS) Rating on Thursday, with an upgrade from 67 to 75.
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This exclusive rating from Investor's Business Daily tracks share price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
History reveals that the stocks that go on to make the biggest gains often have an RS Rating of above 80 as they launch their largest runs. See if Dollar Tree stock can continue to rebound and hit that benchmark.
Is Dollar Tree Stock A Buy?
Dollar Tree stock is in a buy range after moving past a 79.80 buy point in a consolidation. Once a stock moves 5% or higher beyond the original entry, it's considered out of buy range. This stock belongs on your watchlist during this stock market uncertainty.
The discount retailer reported -15% EPS growth in its most recent report. Revenue gains came in at 1%. The next quarterly numbers are expected on or around May 22.
Dollar Tree stock holds the No. 4 rank among its peers in the Retail-Discount & Variety industry group. BJ's Wholesale Club is the top-ranked stock within the group.
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