Banking

Floor & Decor Sees RS Rating Rise To 82, Becomes An IBD Stock To Watch

Floor & Decor (FND) had its Relative Strength (RS) Rating upgraded from 78 to 82 Friday.

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 share price performance with a 1 (worst) to 99 (best) score. The score 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 tend to have an RS Rating of at least 80 as they begin their biggest runs.


See How IBD Helps You Make More Money In Stocks


The IBD 50 stock is now considered extended and out of buy range after clearing a 109.95 buy point in a second-stage cup with handle. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.

The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 81% to 100%. Revenue rose from 37% to 41%. Look for the next report on or around Jul. 30.

Floor & Decor holds the No. 1 rank among its peers in the Retail/Wholesale-Building Products industry group.

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