Sunnova Energy Intl stock had its Relative Strength (RS) Rating upgraded from 88 to 91 Tuesday.
When looking for the best stocks to buy and watch, keep a close on eye on relative price strength. This exclusive rating from Investor's Business Daily 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 stacks up against all the other stocks in our database.
Decades of market research shows that the top-performing stocks typically have an RS Rating north of 80 at the beginning of a new run.
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Is Sunnova Energy International Stock A Buy?
Sunnova Energy Intl stock is not currently near a potential buying area, but it's trading above its 50-day and 200-day moving averages, a good sign. See if the stock goes on to build a chart pattern that could kick off a new climb.
Earnings grew 43% last quarter, up from 0% in the prior report. Revenue also increased, from 59% to 121%.
Sunnova Energy Intl stock holds the No. 12 rank among its peers in the Energy-Solar industry group. Daqo New Energy, Enphase Energy and Jinko Solar are among the top 5 highly rated stocks within the group.
