Ross Stores Stock Scores RS Rating Upgrade

Blockhead
11 Jan

Ross Stores (ROST) stock saw a positive improvement to its Relative Strength (RS) Rating on Friday, with an increase from 69 to 74.

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This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.

Over 100 years of market history reveals that the stocks that go on to make the biggest gains typically have an 80 or better RS Rating as they launch their largest runs. See if Ross Stores stock can continue to rebound and clear that threshold.


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Is Ross Stores Stock A Buy?

Ross Stores stock is building a cup with handle with a 158.69 buy point. See if the retail stock can clear the breakout price in volume at least 40% above average.

The off price retailer showed 11% EPS growth in the latest quarterly report. Revenue increased 3%.

Ross Stores stock earns the No. 7 rank among its peers in the Retail-Apparel/Shoes/Accessories industry group. Abercrombie & Fitch (ANF), lululemon athletica (LULU) and Urban Outfitters (URBN) are among the top 5 highly rated stocks within the group.

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