One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Chart Industries cleared that benchmark Thursday, with a jump from 77 to 87 Thursday.
IBD's unique rating measures share price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the trailing 52 weeks stacks up against all the other stocks in our database.
Decades of market research reveals that the top-performing stocks typically have an RS Rating of over 80 in the early stages of their moves.
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Chart Industries is building a cup without handle with a 171.68 buy point. See if the stock can break out in volume at least 40% above average.
Earnings growth decreased in the company's most recent report from 110% to 93%, but revenue rose from 15% to 18%.
Chart Industries earns the No. 1 rank among its peers in the Oil & Gas-Machinery/Equipment industry group. Archrock and Natural Gas Services are also among the group's highest-rated stocks.
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