On Thursday, Green Plains stock got a positive adjustment to its Relative Strength (RS) Rating, from 63 to 78.
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 tracks market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners tend to have an 80 or higher RS Rating in the early stages of their moves. See if Green Plains can continue to show renewed price strength and hit that benchmark.
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Is Green Plains Stock A Buy?
Green Plains stock retook its 200-day moving average. Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock manages to form a consolidation and break out. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
The alternative energy firm posted -582% EPS growth in its most recent report, while sales growth came in at 41%.
Green Plains stock earns the No. 14 rank among its peers in the Energy-Alternative/Other industry group. Montauk Renewables and Arcosa are also among the group's highest-rated stocks.
