When putting together your watch list, focus on stocks with an 80 or higher RS Rating. Aris Water Solutions now meets that criteria, with an increase from 76 to 87 Tuesday.
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IBD's unique RS Rating identifies market leadership by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
Decades of market research shows that the stocks that go on to make the biggest gains often have an RS Rating north of 80 as they begin their biggest runs.
Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock is able to establish and enter a buy zone in heavy trade.
Earnings growth decreased in the most recent report from 12% to 3%. But sales moved higher, from 14% to 17%.
Aris Water Solutions earns the No. 1 rank among its peers in the Pollution-Control industry group. Casella Waste Sys Cl A and Republic Services are also among the group's highest-rated stocks.
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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