Shake Shack Cl A had its Relative Strength (RS) Rating upgraded from 77 to 83 Monday.
Hone Your Stock-Picking Skills By Focusing On These Factors
IBD's unique rating identifies price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the market's biggest winners tend to have an 80 or higher RS Rating as they begin their biggest climbs.
Shake Shack Cl A is working on a consolidation with a 139.89 buy point. See if it can break out in volume at least 40% higher than normal.
Shake Shack Cl A reported 8% EPS growth last quarter, while sales growth came in at 10%.
The company holds the No. 7 rank among its peers in the Retail-Restaurants industry group. Dutch Bros, Texas Roadhouse and Darden Restaurants 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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