In a welcome move, Portland General Electric saw its Relative Strength Rating rise from 68 to 71 on Tuesday.
IBD's proprietary rating tracks price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
Decades of market research reveals that the best stocks often have an RS Rating north of 80 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 working on a consolidation with a 49.85 buy point. See if it can break out in heavy trading.
Portland General Electric showed -49% EPS growth last quarter. Revenue gains came in at 14%. Keep an eye out for the company's next round of numbers on or around Apr. 25.
The company earns the No. 13 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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