The Relative Strength (RS) Rating for Vistra stock jumped into a higher percentile Thursday, as it got a lift from 70 to 75.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the last 52 weeks compares to all the other stocks in our database.
Over 100 years of market history shows that the best stocks often have an RS Rating north of 80 in the early stages of their moves. See if Vistra stock can continue to rebound and hit that benchmark.
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Is Vistra Stock A Buy?
Vistra stock broke out earlier, but is now trading about 3% below the prior 25.13 entry from a consolidation. If a stock you're tracking clears a buy point then falls 7% or more below the original entry price, it's considered a failed base. Wait for the stock to set up and breakout from a new base and buy point. Also keep in mind that the most recent consolidation is a later-stage base, and those involve more risk.
The utility company reported 0% earnings growth in its most recent report. Revenue rose 17%. Look for the next report on or around May 5.
Vistra stock earns the No. 22 rank among its peers in the Utility-Electric Power industry group. Edison International and IDACORP are also among the group's highest-rated stocks.
