In a welcome move, Suzano stock saw its Relative Strength Rating rise from 67 to 74 on Thursday.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
This exclusive rating from Investor's Business Daily measures share price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains tend to have an RS Rating north of 80 as they begin their largest runs. See if Suzano stock can continue to show renewed price strength and hit that benchmark.
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Is Suzano Stock A Buy?
Suzano stock is building a cup without handle with an 11.56 entry. See if the stock can clear the breakout price in volume at least 40% above average. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
The packaging solutions company showed 0% EPS growth in its most recent report, while sales growth came in at -32%. The next quarterly numbers are expected on or around Feb. 28.
Suzano stock earns the No. 5 rank among its peers in the Paper & Paper Production industry group. Clearwater Paper and Packaging Corp Amer are also among the group's highest-rated stocks.
