When considering what names to put on your watch list, focus on stocks with an 80 or higher RS Rating. Venture Global is one stock that just reached the mark, now earning a score of 83.
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IBD's proprietary rating measures market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the best stocks often have an RS Rating north of 80 in the early stages of their moves.
While the stock is not near an ideal buy point right now, see if it manages to form and break out of a proper consolidation.
While earnings-per-share growth decreased in the company's most recently reported quarter from 0% to -30%, the top line rose 105%, up from -7% in the prior report.
The company holds the No. 4 rank among its peers in the Oil&Gas-U.S. Exploration & Production industry group. Antero Resources is the No. 1-ranked stock 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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