July 2, 2022



Stocks Showing Improved Relative Strength: Northwestern

2 min read

The Relative Strength (RS) Rating for Northwestern (NWE) headed into a higher percentile Friday, as it got a lift from 69 to 74.


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 market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock’s price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.

History reveals that the market’s biggest winners tend to have an RS Rating north of 80 in the early stages of their moves. See if Northwestern can continue to rebound and clear that threshold.

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While the stock is not near an ideal buying range right now, see if it manages to form and break out of a proper chart pattern.

Northwestern showed -19% EPS growth in its most recent report, while sales growth came in at 11%. The next quarterly numbers are expected on or around Apr. 21.

The company holds the No. 27 rank among its peers in the Utility-Diversified industry group. Exelon (EXC) and Nisource (NI) are also among the group’s highest-rated stocks.


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