Weis Markets saw a positive improvement to its Relative Strength (RS) Rating on Tuesday, with an upgrade from 68 to 77.
Can You Really Time The Stock Market?
IBD's proprietary rating tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks compares to all the other stocks in our database.
Over 100 years of market history 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. See if Weis Markets can continue to rebound and hit that benchmark.
While now is not an ideal time to jump in, see if the stock is able to establish and enter a buying range in heavy trade.
Earnings growth decreased last quarter from 70% to -12%, but the top line rose from 1% to 2%.
Weis Markets earns the No. 7 rank among its peers in the Retail-Super/Mini Markets industry group. Sprouts Farmers Market, Village Super Market A and Casey's General Stores are among the top 5 highly rated stocks 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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