The Relative Strength (RS) Rating for World Kinect entered a new percentile Friday, as it got a lift from 69 to 72.
IBD's proprietary rating identifies market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks compares to all the other stocks in our database.
Decades of market research shows that the stocks that go on to make the biggest gains tend to have an 80 or higher RS Rating as they launch their biggest runs. See if World Kinect can continue to rebound and hit that benchmark.
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World Kinect is building a consolidation with a 31.70 entry. See if the stock can clear the breakout price in heavy trading.
Earnings growth rose last quarter from 0% to 7%. But sales fell from 0% to -14%. The next quarterly numbers are expected on or around Feb. 20.
World Kinect earns the No. 9 rank among its peers in the Oil & Gas-Refining/Marketing industry group. Global Partners, Targa Resources and Sunoco are among the top 5 highly rated stocks within the group.
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