In a welcome move, AutoZone saw its Relative Strength Rating improve from 68 to 75 on Friday.
When To Sell Stocks To Lock In Profits And Minimize Losses
This exclusive rating from Investor's Business Daily measures price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the stocks that go on to make the biggest gains typically have an RS Rating north of 80 in the early stages of their moves. See if AutoZone can continue to show renewed price strength and hit that benchmark.
AutoZone is trying to complete a flat base with a 3,916.81 buy point. See if the stock can clear the breakout price in heavy volume.
EPS growth dropped last quarter from -2% to -4%, but the top line rose from 2% to 5%.
AutoZone earns the No. 3 rank among its peers in the Retail/Wholesale-Auto industry group. Driven Brands is the top-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.
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