When considering what names to put on your watch list, focus on stocks with an 80 or higher RS Rating. BBB Foods now meets that criteria, with an increase from 80 to 85 Wednesday.
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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 compares to all the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners often have an RS Rating of above 80 in the early stages of their moves.
BBB Foods is working on a double bottom with a 31.99 buy point. See if the stock can clear the breakout price in volume at least 40% higher than normal.
The company reported 0% EPS growth in the latest quarterly report. Sales gains came in at 8%. The company is expected to report its latest performance numbers on or around May 7.
BBB Foods earns the No. 4 rank among its peers in the Retail-Major Discount Chains industry group. PriceSmart 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.
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