In a welcome move, Diamondback Energy stock saw its Relative Strength Rating rise from 70 to 75 on Tuesday.
When you're researching the best stocks to buy and watch, keep a close on eye on relative price strength.
This unique rating tracks market leadership by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
History reveals that the market's biggest winners often have an RS Rating north of 80 as they launch their largest runs. See if Diamondback Energy stock can continue to rebound and hit that benchmark.
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Is Diamondback Energy Stock A Buy?
Diamondback Energy stock is building a consolidation with a 169.05 entry. See if it can clear the breakout price in heavy trade. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
The energy company reported 46% EPS growth last quarter. Revenue gains came in at 0%. The next quarterly results are expected on or around May 1.
Diamondback Energy stock holds the No. 7 rank among its peers in the Oil & Gas-U.S. Exploration & Production industry group. Denbury and Northern Oil & Gas are also among the group's highest-rated stocks.
