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On Tuesday, Dutch Bros (BROS) got an upgrade to its Relative Strength (RS) Rating, from 68 to 81.
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As you try to find the best stocks to buy and watch, be sure to pay attention to relative price strength.
This exclusive rating from Investor’s Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock’s price behavior over the last 52 weeks compares to all the other stocks in our database.
Decades of market research reveals that the best stocks often have an 80 or higher RS Rating as they begin their biggest runs.
Looking For Winning Stocks? Try This Simple Routine
While the stock is not near a proper buying range right now, see if it is able to form and break out from a proper chart pattern.
Dutch Bros stock reported -125% earnings growth in its most recent report, while sales growth came in at 54%.
Dutch Bros earns the No. 23 rank among its peers in the Retail-Restaurants industry group. Dave & Buster’s Entertainment (PLAY) and Texas Roadhouse (TXRH) are also among the group’s highest-rated stocks.
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