Portillo's Stock Joins Elite Club Of Stocks With RS Ratings Over 90 – Investor's Business Daily

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On Thursday, Portillo’s (PTLO) reached an important technical milestone, with its Relative Strength (RS) Rating moving into the 90-plus percentile with an upgrade to 94, a rise from 90 the day before.


When looking for the best stocks to buy and watch, keep a close on eye on relative price strength. This exclusive rating from Investor’s Business Daily measures share price performance 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.

Over 100 years of market history reveals that the market’s biggest winners typically have an 80 or higher RS Rating at the beginning of a new price run.

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While now is not an ideal time to buy shares of Portillo’s stock, see if the stock is able to offer and clear a proper buy point.

The company posted -18% earnings growth in its most recent report. Sales rose 15%.

Portillo’s stock holds the No. 22 rank among its peers in the Retail-Restaurants industry group. Chipotle Mexican Grill (CMG), BBQ Holdings Inc (BBQ) and The One Group Hospitality (STKS) are among the top 5 highly rated stocks within the group.

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