Domino's Pizza had its Relative Strength (RS) Rating upgraded from 68 to 72 Friday — a welcome improvement, but still shy of the 80 or better score you look for.
This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the last 52 weeks compares to all the other stocks in our database.
Decades of market research reveals that the best stocks tend to have an RS Rating north of 80 in the early stages of their moves. See if Domino's Pizza can continue to rebound and clear that threshold.
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Domino's Pizza is trying to complete a consolidation with a 542.75 entry. See if it can clear the breakout price in volume at least 40% higher than normal.
While the company's top line growth fell last quarter from 5% to 3%, the bottom line grew 9%, up from 0% in the previous report.
The company holds the No. 20 rank among its peers in the Retail-Restaurants industry group. Dutch Bros, Super Hi Intl Hldg ADR and Cheesecake Factory 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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