Academy Sports & Outdoors stock had its Relative Strength (RS) Rating upgraded from 68 to 73 Monday -- a welcome improvement, but still short of the 80 or higher score you look for.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
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 trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the market's biggest winners tend to have an RS Rating north of 80 as they begin their biggest climbs. See if Academy Sports & Outdoors stock can continue to show renewed price strength and hit that benchmark.
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Is Academy Sports & Outdoors Stock A Buy?
Academy Sports & Outdoors stock is building a consolidation with a 69.02 entry. See if it can break out in heavy volume. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
The sports-related retailer posted negative growth for both sales and earnings last quarter.
Academy Sports & Outdoors stock holds the No. 4 rank among its peers in the Retail-Leisure Products industry group. Dick's Sporting Goods and Pool are also among the group's highest-rated stocks.