Ameresco saw a welcome improvement to its Relative Strength (RS) Rating on Tuesday, rising from 89 to 94.
Here Are 3 Keys For Successful Stock Investing
IBD's proprietary rating identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database.
Over 100 years of market history shows that the market's biggest winners typically have an RS Rating of at least 80 at the beginning of a new climb.
Ameresco is not currently near a potential buying area. See if the stock goes on to build a chart pattern that could spark a new run.
Earnings growth picked up last quarter from 0% to 170%. But sales fell from 18% to 8%.
The company earns the No. 13 rank among its peers in the Energy-Alternative/Other industry group. Bloom Energy, Enlight Renewable Energy and Kenon Holdings are among the top 5 highly rated stocks 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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