The Relative Strength (RS) Rating for Otter Tail headed into a higher percentile Friday, as it got a lift from 66 to 79.
IBD's unique rating tracks market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
History shows that the top-performing stocks tend to have an RS Rating of above 80 as they launch their largest climbs. See if Otter Tail can continue to show renewed price strength and hit that benchmark.
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Otter Tail is trying to complete a consolidation with a 100.84 buy point. See if it can break out in volume at least 40% higher than normal.
Although earnings and sales growth came in at -5% and -4%, respectively, in the latest report, that showed improvement for both earnings-per-share and sales.
Otter Tail earns the No. 8 rank among its peers in the Diversified Operations industry group. Roper Technologies, Berkshire Hathaway Cl B and Berkshire Hathaway Cl A 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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