On Thursday, Northern Oil & Gas stock got an upgrade to its Relative Strength (RS) Rating, from 78 to 81.
When looking for the best stocks to buy and watch, be sure to pay attention to relative price strength.
IBD's proprietary rating measures market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.
Decades of market research shows that the market's biggest winners tend to have an RS Rating of at least 80 as they begin their biggest price moves.
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Is Northern Oil & Gas Stock A Buy?
Northern Oil & Gas stock is working on a consolidation with a 39.02 buy point. See if the stock can clear the breakout price in heavy trading.
The oil & gas company showed 11% EPS growth last quarter, while sales growth came in at 16%.
Northern Oil & Gas stock holds the No. 1 rank among its peers in the Oil & Gas-U.S. Exploration & Production industry group.
