On Monday, Chart Industries stock got a positive adjustment to its Relative Strength (RS) Rating, from 90 to 93.
When you're researching 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 price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains typically have an 80 or higher RS Rating at the beginning of a new price run.
See How IBD Helps You Make More Money In Stocks
Is Chart Industries Stock A Buy?
Chart Industries stock is building a consolidation with a 206.39 buy point. See if the stock can break out in heavy trading. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
The oil & gas firm saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -22% to -20%. Revenue rose from 20% to 21%.
Chart Industries stock holds the No. 3 rank among its peers in the Oil & Gas-Machinery/Equipment industry group. MRC Global and Cactus are among the top 5 highly rated stocks within the group.
