When building your watch list, focus on stocks with an 80 or higher RS Rating. Exelon is one stock that just reached the mark, now earning a score of 82.
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This unique rating tracks technical performance by showing how a stock's price action over the last 52 weeks compares to that of other stocks on the major indexes.
Over 100 years of market history reveals that the market's biggest winners often have an RS Rating north of 80 as they begin their biggest runs.
Exelon is working on a flat base with a 48.11 entry. See if the stock can break out in volume at least 40% above average.
Exelon saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 7% to 35%. Revenue rose from 2% to 11%.
Exelon holds the No. 11 rank among its peers in the Utility-Diversified industry group. NRG Energy, Genie Energy and Ameren 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.
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