Vital Farms had its Relative Strength (RS) Rating upgraded from 63 to 72 Wednesday — a welcome improvement, but still below the 80 or better score you prefer to see.
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This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the top-performing stocks typically have an 80 or better RS Rating as they launch their biggest runs. See if Vital Farms can continue to rebound and clear that threshold.
Vital Farms has risen more than 5% past a 40.11 entry in a second-stage cup with handle, meaning it's now out of a proper buy zone. Look for the stock to offer a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week moving average.
The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -14% to 0%. Revenue rose from 10% to 25%. Look for the next report on or around Nov. 5.
The company holds the No. 4 rank among its peers in the Food-Meat Products industry group. Mama's Creations 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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