When putting together your watch list, focus on stocks with an 80 or higher RS Rating. Sunoco just cleared that benchmark with an upgrade from 77 to 81.
This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the trailing 52 weeks holds up against all the other stocks in our database.
Decades of market research shows that the best stocks often have an 80 or better RS Rating in the early stages of their moves.
Hone Your Stock-Picking Skills By Focusing On These Factors
Sunoco is working on a consolidation with a 64.89 buy point. See if the stock can break out in heavy trading.
Sunoco showed 0% earnings growth in the latest quarterly report. Sales increased -7%.
Sunoco holds the No. 4 rank among its peers in the Oil & Gas-Refining/Marketing industry group. Targa Resources is the No. 1-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:
Stocks With Rising Relative Strength Ratings
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!