In a welcome move, Portland General Electric saw its Relative Strength Rating improve from 65 to 73 on Monday.
IBD's unique rating tracks price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks holds up against all the other stocks in our database.
History shows that the best-performing stocks typically have an 80 or better RS Rating in the early stages of their moves. See if Portland General Electric can continue to show renewed price strength and clear that threshold.
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Portland General Electric is trying to complete a consolidation with a 49.85 buy point. See if the stock can clear the breakout price in heavy trading.
Portland General Electric posted -49% EPS growth in its most recent report. Revenue rose 14%. The company is expected to report its latest numbers on or around Apr. 25.
Portland General Electric holds the No. 19 rank among its peers in the Utility-Electric Power industry group. TXNM Energy, Pampa Energia ADR and Evergy 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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