Hormel Foods Stock Getting Closer To Key Technical Measure – Investor's Business Daily

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The Relative Strength (RS) Rating for Hormel Foods (HRL) moved up into a higher percentile Tuesday, as it got a lift from 70 to 74.

When looking for the best stocks to buy and watch, one factor to watch closely is 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 stacks up against all the other stocks in our database.

Decades of market research reveals that the best stocks typically have an RS Rating of above 80 as they begin their biggest climbs. See if Hormel Foods can continue to show renewed price strength and clear that threshold.


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While now is not an ideal time to invest, see if the stock is able to form a consolidation or other pattern after its big move up following the most recent earnings release.

Earnings Update For Hormel Foods Stock:

Taking a look at revenue and profit performance, Hormel Foods stock has posted rising EPS growth in each of the last three reports. Revenue gains have also moved higher during the same period.

Hormel Foods stock earns the No. 3 rank among its peers in the Food-Meat Products industry group. Tyson Foods (TSN)  is also among the group’s highest-rated stocks.

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