When building your watch list, focus on stocks with an 80 or higher RS Rating. SJW Group is one stock that just reached the mark, now earning a score of 83.
This proprietary rating tracks market leadership by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
History reveals that the best stocks typically have an RS Rating north of 80 as they launch their biggest climbs.
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SJW Group is building a consolidation with a 62.18 buy point. See if the stock can clear the breakout price in heavy trading.
Top and bottom line growth moved higher in the company's most recent quarter. Earnings were up 25%, compared to 4% in the prior report. Revenue increased from 10% to 15%. The company is expected to report its latest performance numbers on or around Apr. 23.
The company holds the No. 4 rank among its peers in the Utility-Water Supply industry group. Middlesex Water is the No. 1-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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