DCP Midstream stock saw a welcome improvement to its Relative Strength (RS) Rating on Friday, rising to 91.
When you're researching the best stocks to buy and watch, be sure to pay attention to relative price strength.
This proprietary rating identifies market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the market's biggest winners often have an 80 or better RS Rating as they launch their largest runs. See if DCP Midstream can continue to show renewed price strength and hit that benchmark.
See How IBD Helps You Make More Money In Stocks
Is DCP Midstream Stock A Buy?
DCP Midstream stock is trying to complete a cup-shaped base a 33.95 buy point. See if the stock can clear the breakout price in volume at least 40% higher than normal. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
EPS growth declined last quarter from 0% to -61%, but sales rose from 64% to 78%. Look for the next report on or around Feb. 10.
DCP Midstream stock earns the No. 23 rank among its peers in the Oil&Gas-Transportation/Pipeline industry group. Oneok and Cheniere Energy Partners are also among the group's highest-rated stocks. For more industry news, check out "Energy Stocks And Industry News: Oil, Gas, Solar, Coal."