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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

IBD Rating Upgrades: United Natural Foods Shows Improved Technical Strength

United Natural Foods saw a positive improvement to its Relative Strength (RS) Rating on Thursday, rising from 67 to 74.

How To Invest In Stocks In Both Bull And Bear Markets

This exclusive rating from Investor's Business Daily tracks share price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks stacks up against all the other stocks in our database.

Over 100 years of market history shows that the best stocks often have an RS Rating north of 80 as they begin their biggest price moves. See if United Natural Foods can continue to rebound and hit that benchmark.

United Natural Foods is not currently near a potential buying area. See if the stock goes on to build a sound pattern that could kick off a new price move.

The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 214% to 340%. Revenue rose from 5% to 7%.

The company earns the No. 6 rank among its peers in the Wholesale-Food industry group. US Foods Holding, G. Willi-Food Intl and Performance Food Group 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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