Vistra saw a welcome improvement to its Relative Strength (RS) Rating on Tuesday, rising from 79 to 83.
IBD's proprietary RS Rating tracks market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the trailing 52 weeks matches up against other publicly traded companies.
Decades of market research reveals that the top-performing stocks typically have an RS Rating of over 80 as they launch their biggest climbs.
Hone Your Stock-Picking Skills By Focusing On These Factors
Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock goes on to offer and clear an appropriate buy point.
Vistra reported 0% earnings growth in its most recent report, while sales growth came in at 31%. Keep an eye out for the company's next round of numbers on or around May 7.
The company earns the No. 5 rank among its peers in the Utility-Electric Power industry group. Pampa Energia ADR is the top-ranked stock 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.
RELATED:
Which Stocks Are Showing Rising Relative Strength?
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
