On Tuesday, Ollie's Bargain Outlet received a positive adjustment to its Relative Strength (RS) Rating, from 87 to 92.
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This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
Decades of market research shows that the stocks that go on to make the biggest gains often have an 80 or higher RS Rating in the early stages of their moves.
Ollie's Bargain Outlet is working on a consolidation with a 119.76 buy point. See if it can break out in volume at least 40% higher than normal.
Ollie's Bargain Outlet showed -3% EPS growth in its most recent report, while sales growth came in at 3%. Look for the next report on or around Jun. 4.
The company earns the No. 3 rank among its peers in the Retail-Discount & Variety industry group. MINISO Group Holding ADR 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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