Graphic Packaging had its Relative Strength (RS) Rating upgraded from 68 to 74 Thursday -- a welcome improvement, but still below the 80 or better score you prefer to see.

As you try to find the best stocks to buy and watch, be sure to pay attention to relative price strength.

This unique rating identifies market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.

Over 100 years of market history reveals that the market's biggest winners tend to have an 80 or higher RS Rating in the early stages of their moves. See if Graphic Packaging can continue to show renewed price strength and hit that benchmark.

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Graphic Packaging is trying to complete a flat base with a 20.98 buy point. See if it can break out in heavy trading.

Top and bottom line growth moved higher in the company's most recent quarter. Earnings were up 0%, compared to -26% in the prior report. Revenue increased from 3% to 8%. Keep an eye out for the company's next round of numbers on or around Oct. 20.

The company earns the No. 6 rank among its peers in the Paper & Paper Production industry group. Veritiv and Domtar are also among the group's highest-rated stocks.