[ibd-display-video id=2102289 width=50 float=left autostart=true] This proprietary rating measures technical performance by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
Decades of market research reveals that the best stocks tend to have an RS Rating north of 80 in the early stages of their moves.
Wingstop is still within a buy zone after breaking past a 36.01 buy point in a flat base . The proper buying range is up to 5% above the initial entry. Once a stock hits that benchmark, it's best to wait for it to set up another buying opportunity.
Wingstop saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 20% to 31%. Revenue rose from 9% to 19%.
The company holds the No. 8 rank among its peers in the Retail-Restaurants industry group. Bob Evans Farms ( BOBE ), Restaurant Brands International ( QSR ) and Dunkin' Brands ( DNKN ) are among the top 5 highly rated stocks within the group.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of NASDAQ, Inc.