On Tuesday, Domino's Pizza received an upgrade to its Relative Strength (RS) Rating, from 68 to 73.
IBD's proprietary RS Rating measures market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the last 52 weeks compares to the rest of the market.
History shows that the market's biggest winners typically have an RS Rating north of 80 in the early stages of their moves. See if Domino's Pizza can continue to show renewed price strength and clear that threshold.
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Domino's Pizza is working on a consolidation with a 542.75 buy point. See if it can clear the breakout price in heavy volume.
Earnings growth picked up last quarter from 0% to 9%. But sales fell from 5% to 3%. The company is expected to report its latest performance numbers on or around Apr. 28.
Domino's Pizza holds the No. 18 rank among its peers in the Retail-Restaurants industry group. Dutch Bros, Cheesecake Factory 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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