The Relative Strength (RS) Rating for AutoZone entered a new percentile Wednesday, with a rise from 78 to 81.
Risk Management In The Stock Market: How Much Money To Invest Now
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the best-performing stocks tend to have an 80 or higher RS Rating as they launch their biggest climbs.
AutoZone is trying to complete a with a 3,916.81 buy point. See if it can break out in heavy trade.
Earnings growth declined last quarter from -2% to -4%. But revenue moved higher, from 2% to 5%.
The company holds the No. 2 rank among its peers in the Retail/Wholesale-Auto industry group. Driven Brands is the No. 1-ranked stock 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.
RELATED:
Stocks With Rising Relative Strength Ratings
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!
