Murphy USA stock saw a positive improvement to its Relative Strength (RS) Rating on Tuesday, with an increase from 90 to 93.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength. This proprietary rating measures technical performance by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners tend to have an RS Rating north of 80 at the beginning of a new climb.
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Is Murphy USA Stock A Buy?
Murphy USA stock is building a consolidation with a 202.30 buy point. See if it can clear the breakout price in heavy trade. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
The gas and convenient store operator saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 75% to 96%. Revenue rose from 62% to 67%.
Murphy USA stock earns the No. 1 rank among its peers in the Retail-Super/Mini Markets industry group. Murphy USA and National Grocers Vitamin Cottage are also among the group's highest-rated stocks.