On Friday, Alliant Energy earned an upgrade to its Relative Strength (RS) Rating, from 66 to 72.
IBD's unique RS Rating identifies market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the last 52 weeks matched up against all other stocks.
Over 100 years of market history reveals that the market's biggest winners typically have an 80 or higher RS Rating in the early stages of their moves. See if Alliant Energy can continue to rebound and clear that threshold.
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Alliant Energy is building a flat base with a 64.19 entry. See if the stock can clear the breakout price in volume at least 40% above average.
Earnings grew 10% last quarter, up from -11% in the prior report. Revenue also increased, from -2% to 0%.
Alliant Energy earns the No. 13 rank among its peers in the Utility-Diversified industry group. Chesapeake Utilities, NiSource and Ameren Corp are among the top 5 highly rated stocks within the group.
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