EQT saw its IBD SmartSelect Composite Rating jump to 96 Monday, up from 94 the day before.
Looking For The Best Stocks To Buy And Watch? Start Here
The upgrade means the stock currently tops 96% of all other stocks in terms of key performance metrics and technical strength. The market's biggest winners often have a 95 or higher grade in the early stages of a new price run, so that's a good starting point when looking for the best stocks to buy and watch.
EQT is currently forming a consolidation, with a 56.66 entry. See if the stock can break out in heavy trade at least 40% higher than normal.
The stock has a 97 EPS Rating, which means its recent quarterly and longer-term annual earnings growth tops 97% of all stocks.
Its Accumulation/Distribution Rating of D shows moderate selling by institutional investors over the last 13 weeks. Look for the rating to improve to at least a C or better.
In Q1, the company posted 44% EPS growth. That means it's now delivered two straight quarters of rising EPS gains. Sales growth increased 23%, up from -20% in the prior report. That marks one quarter of increasing revenue increases.
EQT earns the No. 1 rank among its peers in the Oil & Gas-Integrated industry group. Antero Midstream and Williams Cos 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.
