Cheesecake Factory stock had its Relative Strength (RS) Rating upgraded from 78 to 82 Friday.
When looking for the best stocks to buy and watch, keep a close on eye on relative price strength.
This exclusive rating from Investor's Business Daily measures share price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.
Decades of market research reveals that the market's biggest winners often have an RS Rating north of 80 in the early stages of their moves.
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Is Cheesecake Factory Stock A Buy?
Cheesecake Factory stock is working on a consolidation with a 38.43 buy point. See if the stock can break out in heavy trade. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
While revenue growth fell last quarter from 8% to 4%, the bottom line grew 0%, up from -35% in the prior report.
Cheesecake Factory stock holds the No. 22 rank among its peers in the Retail-Restaurants industry group. Restaurant Brands Intl and Wendy's Co are also among the group's highest-rated stocks. For more industry news, check out "Retail Industry News And Stocks To Watch."
