Imperial Oil had its Relative Strength (RS) Rating upgraded from 77 to 81 Friday.
Hone Your Stock-Picking Skills By Focusing On These Factors
This unique rating identifies technical performance by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
Decades of market research shows that the best stocks typically have an 80 or higher RS Rating as they begin their biggest price moves.
While now is not an ideal time to jump in, see if the stock is able to offer and clear an appropriate buy point.
In terms of top and bottom line numbers, the company has posted two quarters of accelerating earnings growth. Top line growth has also increased over the same time frame. Imperial Oil is expected to report its next quarterly numbers on or around Aug. 1.
Imperial Oil earns the No. 2 rank among its peers in the Oil & Gas-Integrated industry group. EQT is the top-ranked stock 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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