Sysco had its Relative Strength (RS) Rating upgraded from 68 to 75 Thursday — a welcome improvement, but still below the 80 or better score you look for.
When To Sell Stocks To Lock In Profits And Minimize Losses
This exclusive rating from Investor's Business Daily identifies price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks stacks up against all the other stocks in our database.
Decades of market research reveals that the top-performing stocks tend to have an 80 or better RS Rating in the early stages of their moves. See if Sysco can continue to rebound and hit that benchmark.
While the stock is not near an ideal buying range right now, see if it is able to form and break out from a proper chart pattern.
Sysco saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 0% to 6%. Revenue rose from 1% to 3%.
The company holds the No. 5 rank among its peers in the Wholesale-Food industry group. G. Willi-Food Intl is the top-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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