The Relative Strength (RS) Rating for Ollie's Bargain Outlet stock climbed into a new percentile Friday, with a rise from 79 to 83.
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 identifies price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the trailing 52 weeks stacks up against all the other stocks in our database.
Decades of market research shows that the market's biggest winners often have an RS Rating north of 80 as they begin their biggest price moves.
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Is Ollie's Bargain Outlets Stock A Buy?
Ollie's Bargain Outlet stock is trying to complete a consolidation with an 83.19 entry. See if the retail stock can break out in volume at least 40% higher than normal.
Earnings growth decreased in the most recent quarter from 205% to 38%. But revenue moved higher, from 14% to 15%. Look for the next report on or around Mar. 20.
Ollie's Bargain Outlets stock earns the No. 1 rank among its peers in the Retail-Discount & Variety industry group.
