Stocks Showing Improving Market Leadership: O’Reilly Automotive Earns 83 RS Rating

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


When looking for 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 market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock’s price movement over the trailing 52 weeks holds up against all the other stocks in our database.

Over 100 years of market history shows that the market’s biggest winners 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

O’Reilly Automotive has moved more than 5% past a 621.83 entry in a first-stage flat base, meaning it’s now out of a proper buy range. Look for the stock to offer a new buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.

O’Reilly Automotive reported 17% EPS growth last quarter. Revenue rose 12%. The company is expected to report its latest performance numbers on or around Oct. 28.

The company holds the No. 3 rank among its peers in the Retail/Wholesale-Auto industry group. LKQ (LKQ) and O’Reilly Automotive (ORLY) are also among the group’s highest-rated stocks.


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