Eversource Energy saw a welcome improvement to its Relative Strength (RS) Rating on Thursday, rising from 67 to 71.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's unique rating identifies price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database.
History shows that the best-performing stocks typically have an RS Rating north of 80 in the early stages of their moves. See if Eversource Energy can continue to show renewed price strength and hit that benchmark.
Eversource Energy is working on a consolidation with a 69.01 entry. See if the stock can clear the breakout price in heavy trade.
While earnings-per-share growth fell in the company's most recent quarterly report from 6% to 1%, the top line grew 24%, up from 10% in the prior report.
The company holds the No. 1 rank among its peers in the Utility-Electric Power industry group. TXNM Energy and Entergy 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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