The Relative Strength (RS) Rating for Hershey jumped into a new percentile Thursday, as it got a lift from 69 to 72.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's unique rating tracks price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the trailing 52 weeks stacks up against all the other stocks in our database.
History shows that the best stocks typically have an RS Rating of over 80 as they launch their largest runs. See if Hershey can continue to rebound and hit that benchmark.
Hershey is working on a consolidation with a 208.03 buy point. See if it can break out in heavy trading.
The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -32% to -5%. Revenue rose from -14% to 26%.
The company holds the No. 2 rank among its peers in the Food-Confectionery industry group. Tootsie Roll Indus 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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