On Friday, EQT got an upgrade to its Relative Strength (RS) Rating, from 79 to 85.
Hone Your Stock-Picking Skills By Focusing On These Factors
IBD's proprietary rating measures share price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.
History reveals that the top-performing stocks tend to have an RS Rating north of 80 in the early stages of their moves.
Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock manages to form a base and break out.
While EPS growth dropped in the company's most recent performance report from 44% to 0%, sales rose 169%, up from 23% in the previous report.
EQT holds the No. 1 rank among its peers in the Oil & Gas-Integrated industry group. Imperial Oil and Williams Cos 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.
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