United Natural Foods saw a welcome improvement to its Relative Strength (RS) Rating on Monday, rising from 68 to 78.
Can You Really Time The Stock Market?
IBD's proprietary rating measures market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the best-performing stocks typically have an 80 or better RS Rating in the early stages of their moves. See if United Natural Foods can continue to rebound and hit that benchmark.
United Natural Foods is not currently near a potential buy zone. See if the stock goes on to form a base that could kick off a new price move.
United Natural Foods saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 214% to 340%. Revenue rose from 5% to 7%.
The company holds the No. 5 rank among its peers in the Wholesale-Food industry group. US Foods Holding is the No. 1-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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