When putting together your watch list, look for stocks with an 80 or higher RS Rating. WEC Energy Group just cleared that benchmark with an upgrade from 78 to 81.
IBD's unique rating identifies share price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the best stocks typically have an 80 or higher RS Rating as they begin their biggest price moves.
Hone Your Stock-Picking Skills By Focusing On These Factors
WEC Energy Group is working on a with a 102.79 entry. See if the stock can break out in volume at least 40% above average.
The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -18% to 30%. Revenue rose from -5% to 3%.
The company holds the No. 4 rank among its peers in the Utility-Diversified industry group. Ameren Corp is the No. 1-ranked stock within the group.
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