On Wednesday, CVR Energy received an upgrade to its Relative Strength (RS) Rating, from 67 to 77.
When To Sell Stocks To Lock In Profits And Minimize Losses
This exclusive rating from Investor's Business Daily measures price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the market's biggest winners tend to have an 80 or higher RS Rating as they begin their biggest climbs. See if CVR Energy can continue to rebound and clear that threshold.
CVR Energy is not currently offering a proper buying opportunity. See if the stock goes on to build a base that could ignite a new run.
The company showed 0% earnings growth in the latest quarterly report. Sales increased -12%.
CVR Energy holds the No. 12 rank among its peers in the Oil & Gas-Refining/Marketing industry group. UGI, Targa Resources and Star Group 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.
RELATED:
Which Stocks Are Showing Improved Price Performance?
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
