When putting together your watch list, focus on stocks with an 80 or higher RS Rating. Ameresco is one stock that just reached the mark, now earning a score of 84.
Looking For The Best Stocks To Buy And Watch? Start Here
This exclusive rating from Investor's Business Daily tracks share price performance with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.
History reveals that the stocks that go on to make the biggest gains typically have an 80 or better RS Rating as they launch their biggest climbs.
While Ameresco is not near an ideal entry right now, see if it manages to form and break out from a proper chart pattern.
The company reported 0% EPS growth in the latest quarterly report. Sales increased 18%. Look for the next report on or around Aug. 4.
Ameresco holds the No. 22 rank among its peers in the Energy-Alternative/Other industry group. Bloom Energy, Enlight Renewable Energy and Centrus Energy 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.
RELATED:
Stocks With Rising Relative Strength Ratings
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!
