One important metric to look for in a stock is an 80 or higher Relative Strength Rating. EQT cleared that benchmark Friday, with a jump from 80 to 87 Friday.
As you try to find the best stocks to buy and watch, be sure to pay attention to relative price strength.
IBD's proprietary rating tracks market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database.
History shows that the stocks that go on to make the biggest gains tend to have an 80 or higher RS Rating in the early stages of their moves.
See How IBD Helps You Make More Money In Stocks
EQT is working on a cup with handle with a 44.88 buy point. See if the stock can clear the breakout price in volume at least 40% above average.
EQT Earnings
The company reported 0% EPS growth last quarter. Sales rose -60%. Look for the next report on or around Oct. 25.
The company holds the No. 11 rank among its peers in the Oil & Gas-Integrated industry group. Williams Cos and TotalEnergies ADR are also among the group's highest-rated stocks.
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