On Monday, Performance Food Group reached an important technical milestone, with its Relative Strength (RS) Rating climbing into the 80-plus percentile with an upgrade to 83, a rise from 80 the day before.
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This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
History shows that the stocks that go on to make the biggest gains typically have an RS Rating north of 80 in the early stages of their moves.
Performance Food Group is working on a consolidation with a 92.44 entry. See if the stock can clear the breakout price in heavy trade.
Earnings-per-share growth decreased in the company's most recent report from 9% to -1%, but sales rose from 9% to 10%.
The company holds the No. 1 rank among its peers in the Wholesale-Food industry group. US Foods Holding and G. Willi-Food Intl are also among the group's highest-rated stocks.
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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