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 GLENN LARKIN

Sprouts Farmers Market Earns 94 Relative Strength Rating

On Thursday, Sprouts Farmers Market earned an upgrade to its Relative Strength (RS) Rating, from 85 to 94.

When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength. This unique rating tracks technical performance by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.

Decades of market research shows that the best stocks typically have an RS Rating north of 80 at the beginning of a new run.

Looking For Winning Stocks? Try This Simple Routine

Sprouts Farmers Market is trading within a buy range in early trading, after clearing a 31.75 entry yesterday in a cup with handle. The proper buying range extends to 5% above the initial entry. Once a stock hits that benchmark, it's best to hold off investing and wait for it to set up another buying opportunity..

Sprouts Farmers Market reported 9% EPS growth in the latest quarterly report. Revenue gains came in at 5%.

Sprouts Farmers Market holds the No. 5 rank among its peers in the Retail-Super/Mini Markets industry group. Murphy USA and Casey's General Stores are among the top 5 highly rated stocks within the group.

​Stocks To Buy And Watch: Top IPOs, Big And Small Caps, Growth Stocks

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
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.