SiteOne Landscape Supply saw a welcome improvement to its Relative Strength (RS) Rating on Thursday, with an upgrade from 70 to 73.
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This exclusive rating from Investor's Business Daily measures share price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history shows that the market's biggest winners tend to have an RS Rating of at least 80 as they launch their biggest price moves. See if SiteOne Landscape Supply can continue to show renewed price strength and hit that benchmark.
SiteOne Landscape Supply is building a cup without handle with a 160.75 buy point. See if it can clear the breakout price in heavy trade.
Earnings growth increased in the company's latest report from 0% to 9%, but the top line fell from 4% to 3%.
The company holds the No. 5 rank among its peers in the Retail/Wholesale-Building Products industry group. Global Industrial 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.
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