When building your watch list, look for stocks with an 80 or higher RS Rating. SABESP ADR is one stock that just reached the mark, now earning a score of 84.
Hone Your Stock-Picking Skills By Focusing On These Factors
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history shows that the best stocks tend to have an RS Rating of over 80 in the early stages of their moves.
SABESP ADR is still within a buy range after climbing above a 22.18 entry in a flat base. Once a stock moves 5% or higher beyond the original entry, it's considered out of a proper buy zone.
In terms of top and bottom line numbers, the company has posted rising EPS growth over the last two quarters. Top line growth has also moved higher during the same period.
SABESP ADR earns the No. 1 rank among its peers in the Utility-Water Supply industry group. Essential Utilities and Consolidated Water are also among the group's highest-rated stocks.
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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