In a welcome move, Hershey saw its Relative Strength Rating improve from 68 to 72 on Thursday.
Can You Really Time The Stock Market?
This exclusive rating from Investor's Business Daily tracks price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the best stocks tend to have an RS Rating north of 80 in the early stages of their moves. See if Hershey can continue to rebound and clear that threshold.
Hershey is trying to complete a consolidation with a 208.03 buy point. See if the stock can clear the breakout price in heavy volume.
Top and bottom line growth moved higher last quarter. Earnings were up -5%, compared to -32% in the prior report. Revenue increased from -14% to 26%.
Hershey holds the No. 2 rank among its peers in the Food-Confectionery industry group. Tootsie Roll Indus is the top-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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