Boston Beer Company Shows Improved RS, But Still Shy Of Benchmark

The Relative Strength (RS) Rating for Boston Beer Company (SAM) moved into a higher percentile Monday, as it got a lift from 69 to 72. The Sam Adams brand has recently added hot-market Hard Seltzer to the mix with Truly.


As you try to find the best stocks to buy and watch, be sure to pay attention to relative price strength.

IBD’s proprietary RS Rating tracks market leadership by showing how a stock’s price movement over the last 52 weeks measures up against that of the other stocks in our database.

Over 100 years of market history reveals that the best stocks tend to have an RS Rating of above 80 in the early stages of their moves. See if Boston Beer Company can continue to rebound and clear that threshold.

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Now is not an ideal time to jump in since it isn’t near a proper buy zone, but see if the stock manages to form a chart pattern and break out.

In terms of top and bottom line numbers, Boston Beer Company has posted two quarters of increasing earnings growth. Sales gains have also increased over the same time frame.

The company holds the No. 1 rank among its peers in the Beverages-Alcoholic industry group.


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