The Relative Strength (RS) Rating for JM Smucker headed into a higher percentile Monday, as it got a lift from 66 to 74.
Can You Really Time The Stock Market?
IBD's proprietary RS Rating measures technical performance 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 tend to have an RS Rating north of 80 in the early stages of their moves. See if JM Smucker can continue to rebound and clear that threshold.
While now is not an ideal time to jump in, see if the stock is able to establish and enter a buy zone in heavy trade.
JM Smucker showed 5% EPS growth in its most recent report, while sales growth came in at -2%. The next quarterly numbers are expected on or around Jun. 10.
The company earns the No. 8 rank among its peers in the Food-Packaged industry group. Seneca Foods Cl B, Seneca Foods Cl A and Kellanova 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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