Simply Good Foods saw a positive improvement to its Relative Strength (RS) Rating on Tuesday, with an upgrade from 67 to 74.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's unique RS Rating identifies market leadership by showing how a stock's price action over the last 52 weeks compares to that of 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 as they begin their biggest runs. See if Simply Good Foods can continue to rebound and clear that threshold.
Simply Good Foods is trying to complete a consolidation with a 40.52 buy point. See if the stock can clear the breakout price in heavy trade.
Top and bottom line growth moved higher last quarter. Earnings were up 15%, compared to 14% in the prior report. Revenue increased from 11% to 15%.
The company holds the No. 1 rank among its peers in the Food-Confectionery industry group. Tootsie Roll Indus and Mondelez Intl Cl A 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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