Stocks Show Improving Market Leadership: O’Reilly Automotive Scores 83 RS

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The Relative Strength Rating (RS) for O’Reilly Automotive (ORLY) entered a new percentile on Friday, with an increase from 80 to 83.




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When you are looking for the best stocks to buy and watch, be sure to pay attention to the relative strength of prices.

This exclusive Investor’s Business Daily rating measures market leadership with a score of 1 (worst) to 99 (best). The score shows how the movement of a stock’s price over the past 52 weeks has held up against all other stocks in our database.

Over 100 years of market history shows that the biggest winners in the market often have an RS rating of 80 or better at the start of their moves.


Find out how IBD helps you make more money in stocks


O’Reilly Automotive topped an entry of 621.83 by more than 5% in a first stage flat base, which means it is now outside of an appropriate buying range. Look for the action to offer a new buying opportunity like a three weeks tight or 50-day or 10-week line withdrawal.

O’Reilly Automotive recorded 17% EPS growth in the last quarter. Turnover increased by 12%. The company is expected to release its latest performance figures around October 28.

The company ranks third among its peers in the Retail / Wholesale-Automotive industry group. LKQ (LKQ) and O’Reilly Automotive (ORLY) are also among the best rated stocks in the group.

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