When putting together your watch list, look for stocks with an 80 or higher RS Rating. Bloom Energy Corp is one stock that just reached the mark, now earning a score of 82.
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 tracks share price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.
History reveals that the market's biggest winners typically have an RS Rating of at least 80 as they begin their biggest runs.
Looking For The Best Stocks To Buy And Watch? Start Here
While it's not currently an ideal time to invest, see if the stock is able to form a consolidation and break out.
Earnings grew 37% last quarter, up from 0% in the prior report. Revenue also increased, from 3% to 37%.
The company earns the No. 20 rank among its peers in the Energy-Alternative/Other industry group. Brookfield Ren Corp and Kenon are also among the group's highest-rated stocks.
