BBB Foods had its Relative Strength (RS) Rating upgraded from 77 to 83 Wednesday.
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IBD's unique RS Rating tracks technical performance by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
History shows that the top-performing stocks tend to have an RS Rating of over 80 in the early stages of their moves.
BBB Foods is building a double bottom with a 31.99 buy point. See if it can break out in heavy trading.
The company reported 0% earnings growth last quarter, while sales growth came in at 8%. The next quarterly numbers are expected on or around May 21.
The company holds 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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