One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Kohl's just hit that mark, with a jump from 76 to 85 Friday.
Hone Your Stock-Picking Skills By Focusing On These Factors
IBD's proprietary RS Rating identifies technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the last 52 weeks matches up against that of all other stocks.
History reveals that the stocks that go on to make the biggest gains often have an 80 or better RS Rating as they begin their biggest price moves.
While now is not an ideal time to jump in, see if the stock goes on to establish and enter a buy zone in heavy volume.
Top and bottom line growth moved higher last quarter. Earnings were up 0%, compared to -43% in the prior report. Revenue increased from -9% to -4%. Look for the next report on or around Aug. 20.
The company earns the No. 3 rank among its peers in the Retail-Department Stores industry group. Dillard's 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.
RELATED:
Stocks With Rising Relative Strength Ratings
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
