The Relative Strength (RS) Rating for McCormick headed into a higher percentile Monday, as it got a lift from 65 to 73.
This exclusive rating from Investor's Business Daily tracks share price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
History shows that the top-performing stocks often have an 80 or higher RS Rating as they begin their biggest price moves. See if McCormick can continue to show renewed price strength and clear that threshold.
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McCormick is building a double bottom with an 82.20 entry. See if it can clear the breakout price in heavy volume.
Earnings growth dropped last quarter from 28% to -6%. But revenue gains moved higher, from 0% to 3%.
McCormick earns the No. 3 rank among its peers in the Food-Miscellaneous Preparation industry group. Chefs' Warehouse is the No. 1-ranked stock within the group.
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