The Relative Strength (RS) Rating for JM Smucker moved into a higher percentile Wednesday, as it got a lift from 69 to 72.
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IBD's proprietary RS Rating identifies market leadership by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
History reveals that the best stocks typically have an 80 or better RS Rating in the early stages of their moves. See if JM Smucker can continue to show renewed price strength and clear that threshold.
While now is not an ideal time to invest, see if the stock is able to establish and enter a buying range in heavy trade.
JM Smucker posted 5% earnings growth in its most recent report. Revenue rose -2%. Look for the next report on or around Jun. 5.
The company holds the No. 7 rank among its peers in the Food-Packaged industry group. Seneca Foods Cl B, Nomad Foods and Kellanova 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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