Gap Inc had its Relative Strength (RS) Rating upgraded from 69 to 74 Thursday — a welcome improvement, but still shy of the 80 or higher score you look for.
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the top-performing stocks tend to have an 80 or better RS Rating as they begin their biggest climbs. See if Gap Inc can continue to rebound and clear that threshold.
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Gap Inc is working on a cup without handle with a 30.75 buy point. See if it can break out in volume at least 40% higher than normal.
Gap Inc posted 22% EPS growth last quarter, while sales growth came in at 2%.
Gap Inc earns the No. 9 rank among its peers in the Retail-Apparel/Shoes/Accessories industry group. Abercrombie & Fitch, Urban Outfitters and Burlington Stores are among the top 5 highly rated stocks within the group.
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