ONE Gas saw a welcome improvement to its Relative Strength (RS) Rating on Friday, with an upgrade from 67 to 71.
Can You Really Time The Stock Market?
This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the trailing 52 weeks compares to all the other stocks in our database.
History reveals that the best-performing stocks tend to have an RS Rating north of 80 in the early stages of their moves. See if ONE Gas can continue to show renewed price strength and clear that threshold.
While ONE Gas is not near an ideal entry right now, see if it manages to form and break out from a proper consolidation.
In terms of revenue and profits, the company has posted two quarters of accelerating earnings growth. Sales growth has also risen over the same time frame.
ONE Gas earns the No. 4 rank among its peers in the Utility-Gas Distribution industry group. National Fuel Gas 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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