GFL Environmental saw a welcome improvement to its Relative Strength (RS) Rating on Friday, with an upgrade from 70 to 74.
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IBD's proprietary RS Rating measures technical performance by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
History reveals that the best-performing stocks typically have an RS Rating of above 80 in the early stages of their moves. See if GFL Environmental can continue to show renewed price strength and clear that threshold.
GFL Environmental is building a flat base with a 52.00 entry. See if the stock can clear the breakout price in volume at least 40% higher than normal.
Earnings growth increased last quarter from 0% to 420%. But revenue gains fell from 9% to 6%.
The company earns the No. 7 rank among its peers in the Pollution-Control industry group. Ceco Environmental, Perma-Pipe Intl and Aris Water Solutions 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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