When putting together your watch list, focus on stocks with an 80 or higher RS Rating. Maplebear just met that criteria with a new score of 86.
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This proprietary rating tracks technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the trailing 52 weeks matches up against other publicly traded companies.
Decades of market research shows that the best stocks typically have an 80 or higher RS Rating in the early stages of their moves.
Maplebear is working on a cup with handle with a 47.47 entry. See if the stock can break out in heavy trade.
The company reported -14% EPS growth last quarter. Sales increased 9%.
The company earns the No. 21 rank among its peers in the Retail-Internet industry group. DoorDash, Fiverr International and MercadoLibre 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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