The Relative Strength (RS) Rating for O'Reilly Automotive moved up into a higher percentile Monday, as it got a lift from 68 to 71.
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IBD's proprietary rating tracks price performance with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
Decades of market research reveals that the stocks that go on to make the biggest gains often have an RS Rating of at least 80 in the early stages of their moves. See if O'Reilly Automotive can continue to show renewed price strength and clear that threshold.
O'Reilly Automotive is building a flat base with a 97.27 entry. See if it can clear the breakout price in heavy trading.
O'Reilly Automotive showed 2% EPS growth in the latest quarterly report, while sales growth came in at 4%. Look for the next report on or around Jul. 23.
The company earns the No. 4 rank among its peers in the Retail/Wholesale-Auto industry group. Driven Brands 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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