Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

Tractor Supply Reaches 80-Plus Relative Strength Rating Benchmark

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.

Risk Management In The Stock Market: How Much Money To Invest Now

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.

RELATED:

Which Stocks Are Showing Improved Price Performance?

Why Should You Use IBD's Relative Strength Rating?

How Relative Strength Line Can Help You Judge A Stock

Ready To Grow Your Investing Skills? Join An IBD Meetup Group!

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.