Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY and JULIE MAK

Cheesecake Factory Stock Shows Rising Price Performance With Jump To 82 RS Rating

Cheesecake Factory stock had its Relative Strength (RS) Rating upgraded from 78 to 82 Friday.

When looking for the best stocks to buy and watch, keep a close on eye on relative price strength.

This exclusive rating from Investor's Business Daily measures share price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.

Decades of market research reveals that the market's biggest winners often have an RS Rating north of 80 in the early stages of their moves.

See How IBD Helps You Make More Money In Stocks

Is Cheesecake Factory Stock A Buy?

Cheesecake Factory stock is working on a consolidation with a 38.43 buy point. See if the stock can break out in heavy trade. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.

While revenue growth fell last quarter from 8% to 4%, the bottom line grew 0%, up from -35% in the prior report.

Cheesecake Factory stock holds the No. 22 rank among its peers in the Retail-Restaurants industry group. Restaurant Brands Intl and Wendy's Co are also among the group's highest-rated stocks. For more industry news, check out "Retail Industry News And Stocks To Watch."

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.