In a welcome move, Waste Connections saw its Relative Strength Rating rise from 66 to 75 on Friday.
Can You Really Time The Stock Market?
IBD's proprietary rating measures price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners typically have an RS Rating north of 80 as they begin their biggest climbs. See if Waste Connections can continue to show renewed price strength and clear that threshold.
Waste Connections is building a flat base with a 201.66 entry. See if the stock can break out in heavy trade.
Earnings growth moved up in the company's most recent report from 5% to 9%, but revenue fell from 11% to 8%.
Waste Connections earns the No. 6 rank among its peers in the Pollution-Control industry group. Aris Water Solutions, Casella Waste Sys Cl A and Perma-Pipe Intl 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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