The Relative Strength (RS) Rating for Altria Group jumped into a new percentile Friday, as it got a lift from 65 to 71.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
This exclusive rating from Investor's Business Daily measures price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks compares to all the other stocks in our database.
Over 100 years of market history shows that the best stocks tend to have an RS Rating of at least 80 in the early stages of their moves. See if Altria Group can continue to show renewed price strength and hit that benchmark.
Looking For The Best Stocks To Buy And Watch? Start Here
Altria Group is trying to complete a consolidation with a 57.15 entry. See if it can break out in volume at least 40% above average. It recently cleared key moving averages and reported earnings.
Altria Group showed 5% earnings growth in the latest quarterly report. Revenue gains came in at -3%.
Altria Group earns the No. 2 rank among its peers in the Tobacco industry group. Universal Corp is also among the group's highest-rated stocks.
Stocks To Buy And Watch: Top IPOs, Big And Small Caps, Growth Stocks