Dillards saw a positive improvement to its Relative Strength (RS) Rating on Wednesday, rising from 90 to 93.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength. IBD's proprietary RS Rating identifies market leadership by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
Over 100 years of market history shows that the top-performing stocks tend to have an RS Rating north of 80 at the beginning of a new price run.
See How IBD Helps You Make More Money In Stocks
Dillards is trying to complete a consolidation with a 344.17 buy point. See if the stock can clear the breakout price in heavy trading. Keep in mind that it's a later-stage consolidation, and those entail more risk.
Dillards showed 6% earnings growth last quarter. Revenue gains came in at 1%.
The company earns the No. 2 rank among its peers in the Retail-Department Stores industry group. Sendas Distributor Adr is the top-ranked stock within the group.
Stocks To Buy And Watch: Top IPOs, Big And Small Caps, Growth Stocks
