When putting together your watch list, look for stocks with an 80 or higher RS Rating. Helmerich & Payne stock just cleared that benchmark with an upgrade from 70 to 81.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
This unique rating tracks technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the last 52 weeks matches up against the rest of the market.
Decades of market research shows that the best stocks typically have an RS Rating north of 80 as they begin their biggest runs.
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Is Helmerich & Payne Stock A Buy?
Helmerich & Payne stock is currently trading in a cup-with-handle pattern with 45.46 entry point. See if the oil & drilling stock manages to break out on above average volume.
Earnings growth increased last quarter from 0% to 304%. But revenue gains fell from 65% to 32%.
Helmerich & Payne stock earns the No. 1 rank among its peers in the Oil & Gas-Drilling industry group.
