On Tuesday, Tractor Supply earned an upgrade to its Relative Strength (RS) Rating, from 77 to 81.
This exclusive rating from Investor's Business Daily measures share price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the best stocks often have an 80 or higher RS Rating as they begin their biggest price moves.
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Tractor Supply is working on a consolidation with a 61.53 buy point. See if it can break out in heavy volume.
Earnings grew -4% last quarter, up from -6% in the prior report. Revenue also increased, from 2% to 3%.
Tractor Supply earns the No. 1 rank among its peers in the Retail/Wholesale-Building Products industry group. Home Depot and Lowe's are also among the group's highest-rated stocks.
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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