The Relative Strength (RS) Rating for Southern jumped into a higher percentile Monday, as it got a lift from 66 to 72.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's unique RS Rating tracks market leadership by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
History shows that the market's biggest winners tend to have an RS Rating of at least 80 as they launch their largest runs. See if Southern can continue to show renewed price strength and clear that threshold.
Southern is building a flat base with a 93.65 entry. See if it can break out in heavy trading.
Top and bottom line growth moved higher last quarter. Earnings were up 19%, compared to -22% in the prior report. Revenue increased from 5% to 17%.
Southern holds the No. 1 rank among its peers in the Utility-Electric Power industry group. OGE Energy and FirstEnergy 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.
RELATED:
IBD Stock Rating Upgrades: Rising Relative Strength
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
