Alliant Energy had its Relative Strength (RS) Rating upgraded from 66 to 74 Friday — a welcome improvement, but still short of the 80 or higher score you look for.
IBD's unique rating identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the trailing 52 weeks compares to all the other stocks in our database.
History shows that the best-performing stocks typically have an 80 or higher RS Rating in the early stages of their moves. See if Alliant Energy can continue to rebound and hit that benchmark.
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Alliant Energy is trying to complete a flat base with a 64.19 buy point. See if the stock can break out in heavy trade.
Earnings grew 10% last quarter, up from -11% in the prior report. Revenue also increased, from -2% to 0%.
The company holds the No. 10 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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