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Casey's General Stores (CASY) saw a positive improvement to its Relative Strength (RS) Rating on Wednesday, rising from 70 to 75. IBD's unique RS Rating measures market leadership by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database. Decades of market research reveals that the market's biggest winners typically have an RS Rating of over 80 as they begin their largest price moves. See if Casey's General Stores can continue to rebound and hit that benchmark. Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock is able to form a chart pattern and break out. The company showed 19% earnings growth in the latest quarterly report. Revenue rose 11%. The company holds the No. 1 rank among its peers in the Retail-Super/Mini Markets industry group. Sprouts Farmers Market (SFM) and Village Super Market A (VLGEA) are also among the group's highest-rated stocks. This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
