On Thursday, Tractor Supply got a positive adjustment to its Relative Strength (RS) Rating, from 78 to 81.
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This exclusive rating from Investor's Business Daily measures share price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the last 52 weeks compares to all the other stocks in our database.
Decades of market research reveals that the stocks that go on to make the biggest gains often have an RS Rating north of 80 in the early stages of their moves.
Tractor Supply is trying to complete a with a 63.99 buy point. See if it can break out in volume at least 40% higher than normal.
The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -8% to 3%. Revenue rose from 2% to 5%.
Tractor Supply holds the No. 2 rank among its peers in the Retail/Wholesale-Building Products industry group. Global Industrial 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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