Stocks To Watch: Murphy USA Sees RS Rating Rise To 83

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Murphy USA ( MUSA ) saw a welcome improvement to its Relative Strength ( RS ) Rating on Tuesday, with an upgrade from 80 to 83.

[ibd-display-video id=2881825 width=50 float=left autostart=true] IBD's unique RS Rating tracks market leadership by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.

Decades of market research shows that the top-performing stocks often have an 80 or better RS Rating in the early stages of their moves.

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Murphy USA has climbed more than 5% past a 76.84 entry in a first-stage cup with handle , meaning it's now out of a proper buy range. Look for the stock to create a new chance to get in like a three-weeks tight or pullback to the 50-day or 10-week moving average.

Earnings growth increased last quarter from 29% to 64%. But sales fell from 7% to 6%. Look for the next report on or around Feb. 1.

The company holds the No. 2 rank among its peers in the Retail-Super/Mini Markets industry group. Sprouts Farmers Market ( SFM ) is the top-ranked stock within the group.


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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Stocks
Referenced Symbols: MUSA , RS , SFM

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