One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Antero Resources now clears that threshold, with a jump from 77 to 86 Thursday.
This exclusive rating from Investor's Business Daily identifies price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.
Decades of market research shows that the stocks that go on to make the biggest gains typically have an 80 or higher RS Rating as they launch their biggest price moves.
Hone Your Stock-Picking Skills By Focusing On These Factors
While now is not an ideal time to buy shares, see if the stock manages to offer and clear an appropriate buy point.
Earnings grew 205% last quarter, up from 0% in the prior report. Revenue also increased, from -6% to -2%. Keep an eye out for the company's next round of numbers on or around Apr. 30.
The company earns the No. 7 rank among its peers in the Oil&Gas-U.S. Exploration & Production industry group. PrimeEnergy Resources, Gulfport Energy and Range Resources are among the top 5 highly rated stocks within the group.
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.
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