Credit: Shutterstock photoOn Tuesday, Buckle ( BKE ) received an upgrade to its Relative Strength ( RS ) Rating , from 88 to 91.
[ibd-display-video id=2881825 width=50 float=left autostart=true] IBD's proprietary rating tracks price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database.
History reveals that the stocks that go on to make the biggest gains tend to have an 80 or higher RS Rating at the beginning of a new climb.
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Buckle is not currently offering a proper buying opportunity. See if the stock goes on to build a chart pattern that could launch a new move.
Although earnings and sales growth came in at -15% and -6%, respectively, in the latest report, that marked four straight quarters of improvement for EPS and three for sales.
The company earns the No. 18 rank among its peers in the Retail-Apparel/Shoes/Accessories industry group. Boot Barn ( BOOT ), Citi Trends ( CTRN ) and Ross Stores ( ROST ) are among the top 5 highly rated stocks 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.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
