Sysco had its Relative Strength (RS) Rating upgraded from 67 to 74 Thursday — a welcome improvement, but still below the 80 or better score you look for.
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This proprietary rating identifies 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 market's biggest winners often have an RS Rating north of 80 as they begin their biggest climbs. See if Sysco can continue to show renewed price strength and clear that threshold.
Sysco is working on a consolidation with an 82.23 buy point. See if the stock can break out in volume at least 40% higher than normal.
Earnings grew 6% last quarter, up from 0% in the prior report. Revenue also increased, from 1% to 3%.
Sysco earns the No. 5 rank among its peers in the Wholesale-Food industry group. Performance Food Group 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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