MPLX stock had its Relative Strength (RS) Rating upgraded from 68 to 71 Wednesday -- a welcome improvement, but still below the 80 or better score you look for.
When looking for the best stocks to buy and watch, keep a close on eye on relative price strength.
IBD's unique RS Rating tracks market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the last 52 weeks compares to other publicly traded companies.
History shows that the stocks that go on to make the biggest gains typically have an RS Rating of over 80 as they launch their largest runs. See if MPLX stock can continue to show renewed price strength and clear that threshold.
Looking For The Best Stocks To Buy And Watch? Start Here
Is MPLX Stock A Buy?
MPLX stock is trying to complete a flat base with a 35.85 buy point. See if it can break out in heavy trade.
The oil & gas company showed 10% earnings growth in its most recent report, while sales growth came in at -9%.
MPLX stock holds the No. 25 rank among its peers in the Oil & Gas-Transportation/Pipeline industry group. Euronav and International Seaways are also among the group's highest-rated stocks.
