One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Charter Communications now clears that threshold, with a jump from 79 to 84 Tuesday.
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 behavior over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners often have an 80 or better RS Rating as they launch their biggest climbs.
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Charter Communications is trying to complete a consolidation with a 415.27 buy point. See if it can clear the breakout price in volume at least 40% above average.
Charter Communications reported 43% EPS growth in its most recent report, while sales growth came in at 2%.
Charter Communications earns the No. 1 rank among its peers in the Telecom Servics-Integrated industry group. IDT Corp B and AT&T 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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