Dave & Buster's saw a positive improvement to its Relative Strength (RS) Rating on Thursday, rising from 87 to 91.
Here Are 3 Keys For Successful Stock Investing
IBD's proprietary RS Rating identifies technical performance by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
Decades of market research shows that the best stocks often have an 80 or higher RS Rating at the beginning of a new run.
While now is not an ideal time to jump in, see if the stock manages to establish and enter a buying range in heavy volume.
Although earnings and sales growth came in at -32% and -3%, respectively, in the latest report, that marked acceleration for both the top and bottom lines.
Dave & Buster's holds the No. 15 rank among its peers in the Retail-Restaurants industry group. Brinker International, Dutch Bros and Shake Shack Cl A are among the top 5 highly rated stocks 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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