Lamb Weston Holdings had its Relative Strength (RS) Rating upgraded from 66 to 72 Wednesday — a welcome improvement, but still short of the 80 or better score you prefer to see.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's unique rating identifies market leadership with a 1 (worst) to 99 (best) score. The score 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 reveals that the stocks that go on to make the biggest gains tend to have an RS Rating north of 80 as they launch their biggest price moves. See if Lamb Weston Holdings can continue to show renewed price strength and hit that benchmark.
Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock goes on to offer and clear a proper buy point.
Lamb Weston Holdings reported -5% EPS growth in its most recent report, while sales growth came in at 0%.
Lamb Weston Holdings holds the No. 1 rank among its peers in the Food-Packaged industry group. Seneca Foods Cl A and Seneca Foods Cl B are also among the group's highest-rated stocks.
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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