When putting together your watch list, focus on stocks with an 80 or higher RS Rating. Stantec now meets that criteria, with an increase from 77 to 86 Thursday.
This exclusive rating from Investor's Business Daily tracks price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
History shows that the market's biggest winners often have an 80 or better RS Rating in the early stages of their moves.
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Stantec is building a flat base with a 90.23 entry. See if it can clear the breakout price in volume at least 40% higher than normal.
Stantec saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 14% to 35%. Revenue rose from 16% to 19%. Keep an eye out for the company's next round of numbers on or around May 7.
The company holds the No. 1 rank among its peers in the Commercial Services-Consulting industry group. Huron Consulting Group and CBIZ are also among the group's highest-rated stocks.
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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