On Monday, Portillo's stock earned an upgrade to its Relative Strength (RS) Rating, from 62 to 78.
When To Sell Stocks To Lock In Profits And Minimize Losses
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the trailing 52 weeks holds 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 typically have an 80 or better RS Rating as they begin their largest climbs. See if Portillo's stock can continue to show renewed price strength and hit that benchmark.
Is Portillo's Stock A Buy?
Portillo's stock is trying to complete a cup without handle with a 15.78 buy point. See if the restaurant stock can clear the breakout price in heavy trading.
Earnings growth fell last quarter from 31% to -38%, but sales rose from -2% to 6%.
Portillo's stock earns the No. 21 rank among its peers in the Retail-Restaurants industry group. Dutch Bros, Texas Roadhouse and Darden Restaurants are among the top 5 highly rated stocks within the group. For more industry news, check out "Retail Industry News And Stocks To Watch."
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