The Relative Strength (RS) Rating for Kroger headed into a new percentile Wednesday, as it got a lift from 64 to 72.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's proprietary RS Rating measures market leadership by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains tend to have an 80 or higher RS Rating as they launch their largest runs. See if Kroger can continue to rebound and clear that threshold.
While now is not an ideal time to invest, see if the stock is able to establish and enter a buy zone in heavy trade.
Kroger saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 0% to 4%. Revenue rose from -7% to 0%. The company is expected to report its latest performance numbers on or around Sep. 11.
Kroger holds the No. 5 rank among its peers in the Retail-Super/Mini Markets industry group. Casey's General Stores 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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