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Bloomin' Brands ( BLMN ) had its Relative Strength ( RS ) Rating upgraded from 79 to 83 Friday.

[ibd-display-video id=2385970 width=50 float=left autostart=true] This exclusive rating from Investor's Business Daily measures price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the trailing 52 weeks stacks up against all the other stocks in our database.

Decades of market research reveals that the top-performing stocks often have an 80 or better RS Rating in the early stages of their moves.

See How IBD Helps You Make More Money In Stocks

Bloomin' Brands is not currently offering a proper buying opportunity. See if the stock goes on to form a base that could launch a new move.

The company reported negative growth for both the top and bottom lines last quarter. The company is expected to release its next quarterly numbers on or around Feb. 17.

Bloomin' Brands holds the No. 18 rank among its peers in the Retail-Restaurants industry group. Darden Restaurants ( DRI ), Texas Roadhouse ( TXRH ) and Wingstop ( WING ) 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.

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