Stocks With Rising Relative Strength: Albertsons Companies

On Thursday, Albertsons Companies (ACI) earned a positive adjustment to its Relative Strength (RS) Rating, from 66 to 72.

As you try to find the best stocks to buy and watch, keep a close on eye on relative price strength.

This proprietary rating measures market leadership by showing how a stock’s price action over the last 52 weeks measures up against that of the other stocks in our database.

History reveals that the best stocks typically have an RS Rating of over 80 in the early stages of their moves. See if Albertsons Companies can continue to rebound and hit that benchmark.

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Albertsons Companies is working on a flat base with a 21.39 buy point. See if the stock can clear the breakout price in heavy trade.

The company reported 82% EPS growth in the latest quarterly report, while sales growth came in at 2%. Look for the next report on or around Jul. 27.

Albertsons Companies earns the No. 1 rank among its peers in the Retail-Super/Mini Markets industry group.


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