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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

Range Resources Earns IBD Rating Upgrade

The Relative Strength (RS) Rating for Range Resources moved up into a higher percentile Tuesday, as it got a lift from 70 to 78.

This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.

Decades of market research 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 Range Resources can continue to rebound and hit that benchmark.

How To Invest In Stocks In Both Bull And Bear Markets

While it's not currently an ideal time to jump in, see if the stock is able to establish and enter a buy zone in heavy volume.

In terms of top and bottom line numbers, the company has posted rising EPS growth over the last three quarters. Revenue gains have been a different story, coming in at -46% in the latest report. Range Resources is expected to release its next quarterly numbers on or around Jul. 22.

The company holds the No. 14 rank among its peers in the Oil&Gas-U.S. Exploration & Production industry group. Viper Energy, Diamondback Energy and Permian Resources are among the top 5 highly rated stocks within the group.

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