On Monday, Eversource Energy received an upgrade to its Relative Strength (RS) Rating, from 69 to 75.
This exclusive rating from Investor's Business Daily measures share price action with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.
Over 100 years of market history reveals that the best stocks tend to have an RS Rating north of 80 in the early stages of their moves. See if Eversource Energy can continue to show renewed price strength and hit that benchmark.
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Eversource Energy is trying to complete a consolidation with a 69.01 entry. See if the stock can break out in heavy trade.
The company posted 6% earnings growth in the latest quarterly report, while sales growth came in at 10%. The next quarterly numbers are expected on or around Apr. 30.
The company earns the No. 7 rank among its peers in the Utility-Electric Power industry group. Pampa Energia ADR, TXNM Energy and OGE Energy are among the top 5 highly rated stocks 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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